Running your own business poses risk. Knowing where you can save money is crucial, and there are a number of tax breaks that can help you do just that.  ( 37 min )

The federal poverty level is an economic measure used to decide whether an individual or family qualifies for federal benefits and programs.  ( 23 min )

Learn about five basic option strategies for beginners.  ( 35 min )

Apple, Microsoft, and Amazon are the S&P 500's top-weighted stocks  ( 22 min )

In economics, the law of diminishing marginal utility states that the marginal utility of a good or service declines as its supply increases.  ( 27 min )

Bitcoin, the first and most popular cryptocurrency, is finite. What happens when it reaches its total maximum supply of 21 million bitcoins?  ( 25 min )

Top penny stocks this month include Myomo Inc., Expion360 Inc., and Akebia Therapeutics Inc., all of which have more than tripled in value this last year.  ( 20 min )

Internalization refers to handling a project or process in-house instead of directing it to an outside source to complete. Internalized trading is one example.  ( 22 min )

The Black-Litterman model is a tool used by portfolio managers to match investor risk tolerance with expected outcomes.  ( 24 min )

Top stocks for December 2023 based on value, growth, and performance include AMPY, MAR, and OLMA.  ( 21 min )

Learn the meaning of the terms "money flow" and "real flow." Find out how they relate to each other in the circular flow of income economic model.  ( 24 min )

Top defense stocks for the fourth quarter based on value, growth, and performance include BDRBF, LMT, and RYCEF.  ( 21 min )

Hex describes itself as a high-interest blockchain certificate of deposit. Users are rewarded for waiting to sell their HEX after set periods of time.  ( 24 min )

If you are employed in the public sector or work for a non-profit, you may have access to one or both of these retirement savings plans.  ( 29 min )

Tesla shares were trading lower after the launch of its Cybertruck showed its price tag was higher than originally anticipated and Fed Chair Jerome Powell will join other Federal Reserve officials in delivering remarks today. Here’s what investors need to know today.  ( 19 min )

Find out why economic stagflation cannot be corrected through traditional fiscal or monetary policy. The alternatives may be unpalatable.  ( 24 min )

Find out about the rule of 70, what it is used for, and how to use it to determine the number of years a country's GDP takes to double.  ( 24 min )

Many utilities in the U.S. are monopolistic markets. A monopoly exists if only one company can supply an essential product or service in a given region.  ( 28 min )

A breakdown of tariffs and how they affect consumers as well as the larger economy.  ( 32 min )

Find out how an economy forms and why it grows, including the role that financial markets play and how productivity increases from savings and investment.  ( 27 min )

If your employer doesn't withhold payroll taxes, you'll need to estimate the amount you owe and file quarterly tax returns.  ( 23 min )

If you are no longer working with the employer that established your 403(b) account, you can roll over your 403(b) balance into a traditional IRA.  ( 23 min )

Using exchange-traded funds (ETFs) to harvest tax losses can be a smart way to maximize your portfolio's tax efficiency.  ( 26 min )

The rally of the past month has taken away much of bonds’ allure. Fixed-income investors should look off the beaten track.  ( 34 min )

The long awaited launch of the Cybertruck failed to boost Tesla stock after pricing for the electric vehicle came in much higher than initially promised.  ( 36 min )

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Shares were up more than 20% in early trading Friday.  ( 21 min )

Energy Transfer LP (NYSE: ET) shares closed higher on Thursday as investors assessed the OPEC+ decision. The Organization of the Petroleum Exporting Countries and its allies collectively decided to implement an additional supply cut of 1 million barrels a day, reinforcing Saudi Arabia's recent extension of its equivalent voluntary oil reduction. On Nov. 1, Energy Transfer posted weaker-than-expected earnings for its third quarter. With the recent buzz around Energy Transfer, some investors may b  ( 34 min )

Cell-tower REITs saw their valuations cut nearly in half this year by the end of October. That dynamic has flipped.  ( 24 min )

Pfizer was a darling stock during the pandemic thanks to its life-saving Covid-19 vaccine. But the company's shares have been in sharp decline this year. Things got worse Friday when the company said a trial of a twice-a-day weight loss pill showed too many side effects. Its shares fell 6% in morni  ( 22 min )

Tesla shares fell more than 3% on Friday after the highly anticipated launch of its Cybertruck left analysts concerned about the electric vehicle's steep price tag and a longer wait for significant financial payoff. The $60,990 starting price for the long-delayed Cybertruck is more than 50% higher than what CEO Elon Musk had touted in 2019 and a cost analysts have said will draw select, affluent buyers. "Cybertruck does not significantly move the financial needle for Tesla in FY24..," Wedbush said in a note, while Bernstein analysts forecast 250 deliveries this year and 75,000 for next year, saying both "may be ambitious".  ( 34 min )

PDD, the owner of Pinduoduo and Temu, surpasses Alibaba as the most valuable Chinese e-commerce company.  ( 21 min )

Dell Technologies posted mixed financial results for its latest quarter, with strong profits offset by softer-than-expected revenue and continued weakness in corporate PC demand.  ( 24 min )

Nvidia is the clear beneficiary from the AI buildout but Super Micro Computer and Vertiv Holdings should equally benefit in the year ahead.  ( 45 min )

Top defense stocks for the fourth quarter based on value, growth, and performance include BDRBF, LMT, and RYCEF.  ( 22 min )

Stifel analyst Bert Subin launches coverage of Boeing stock with a Buy rating and price target of $265 a share, about 14% higher than recent levels.  ( 23 min )

UiPath stock was surging early Friday as analysts said its latest earnings were showing it is delivering despite a tough macroeconomic background. However, the automation-software company still hasn’t fully convinced Wall Street that it can accelerate growth.  ( 22 min )

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Electric-vehicle startup Fisker again cut its production forecast for the year, saying it is prioritizing liquidity while it holds talks to sell emission credits to automakers. Shares rose 3% to $1.63 in premarket trading. Before the updated outlook, the stock had fallen 78% in 2023 as the company  ( 24 min )

(Bloomberg) -- Bank of Montreal missed analysts’ earnings estimates as the company reported higher expenses related to the integration of Bank of the West and a drop in wealth-management income.Most Read from BloombergTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Banking Escapees Make Billions From Private Credit BoomThese Are the World's Most Expensive Cities to Live In Right NowSaudi Arabia Offers Iran Investment to Blunt Gaza WarIsrael Says Hamas Violated Terms of Ceas  ( 35 min )

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Alibaba's U.S. shares slipped 1.5% to $73.7 in premarket trading, tracking a fresh one-year low. Meanwhile, shares of PDD Holdings have surged following stellar quarterly results from the Temu parent this week.  ( 34 min )

It's common for even very high earners to feel squeezed, especially if you live in an expensive area like New York, San Francisco or Boston. Costs of living close to your job will almost certainly be high, particularly since you're competing with other six-figure earners. Depending on your field, you could easily have $200,000 or […] The post I Made $400k Last Year and Have $600k in Retirement Savings, But My Spouse Doesn’t Work. How Can I Save More for Retirement? appeared first on SmartReads b  ( 35 min )

'We believe an improved once-daily formulation of danuglipron could play an important role in the obesity treatment paradigm,' Pfizer said.  ( 20 min )

Investors looked to Fed Chair Jerome Powell to potentially shed light on whether an interest-rate cut lies ahead.  ( 35 min )

Investors looked to Fed Chair Jerome Powell to potentially shed light on whether an interest-rate cut lies ahead.  ( 35 min )

Fisker expects to make 10,000 Ocean SUVs in 2023, down from guidance given in November of 13,000 to 17,000 units.  ( 21 min )

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Shares of the EV maker, which has been struggling with a cash crunch, rose 7% in premarket. "Fisker has made a strategic decision to reduce December production to prioritize liquidity to unlock over $300 million of working capital," the company said. Fisker cut its production target for the year to just over 10,000 units, compared with its earlier forecast of 13,000 to 17,000.  ( 33 min )

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At 67, you’re presumably at or near retirement. If you have $1 million in IRAs, it may be attractive to converting to a Roth because it can provide tax-free income in retirement. It's not too late from legal or regulatory perspectives. The IRS does not restrict Roth conversions on the basis of age or income. […] The post We’re 67 Years Old With $1 Million in IRAs. Is It Too Late to Convert to a Roth? appeared first on SmartReads by SmartAsset.  ( 36 min )

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Having scrapped the cash payout amid Covid-19, Disney announces Thursday a dividend of 30 cents a share.  ( 20 min )

This come after the S&P 500 and Nasdaq finished November with their biggest monthly gain since July 2022, while the Dow Jones rallied to close at its highest level since January 2022. Data showing slowing U.S. consumer spending, dovish comments from some Fed officials and a strong earnings season led the equity indexes to have a stellar November. The recent slew of economic data, including Thursday's personal consumption expenditure index, signalled easing inflation in the world's largest economy, underscoring hopes of the central bank would now halt its interest rates hiking cycle.  ( 34 min )

(Bloomberg) -- A Bank of America Corp. strategist who correctly predicted this year’s rebound in the widely-followed 60/40 portfolio strategy has warned that the trade could now be set for a sharp reversal. Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025These Are the World's Most Expensive Cities to Live In Right NowSaudi Arabia Offers Iran Investment to Blunt Gaza WarBiggest Blowout in Bonds Si  ( 34 min )

(Bloomberg) -- After years of development delays and manufacturing snags, Tesla Inc. finally handed over its first Blade Runner-esque Cybertrucks to customers.Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025These Are the World's Most Expensive Cities to Live In Right NowSaudi Arabia Offers Iran Investment to Blunt Gaza WarBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyChief Execu  ( 36 min )

(Bloomberg) -- After two years of delays and production snags, Tesla Inc. has finally handed the first Blade Runner-esque Cybertrucks over to customers.Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025These Are the World's Most Expensive Cities to Live In Right NowSaudi Arabia Offers Iran Investment to Blunt Gaza WarBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyChief Executive Of  ( 35 min )

Analysts remain confident Marvell will gain from investments in artificial intelligence.  ( 23 min )

The balance of power is shifting in Chinese e-commerce. With a market value at Thursday's close of nearly $196 billion, PDD Holdings has overtaken its far-longer established rival Alibaba, which was worth $8.7 billion less. (Tencent, the gaming and social-media giant that is also an important rival  ( 23 min )

Tesla hands over the first batch of Cybertrucks to buyers, Dell posts a revenue miss on weak demand, and shares of Samsara and Elastic surge as earnings at both tech companies top analysts' estimates.  ( 25 min )

(Bloomberg) -- Shares in Asia slipped Friday after the MSCI All Country World Index finished November with its third-largest monthly gain in the past decade. The dollar edged lower.Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025These Are the World's Most Expensive Cities to Live In Right NowSaudi Arabia Offers Iran Investment to Blunt Gaza WarBiggest Blowout in Bonds Since the 1980s Sparks Every  ( 36 min )

Lead independent director Theodore R. Samuels paid $423,400 for Bristol Myers stock on a day that saw it drop to a multiyear low.  ( 22 min )

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Tech company MicroStrategy has expanded its Bitcoin (BTC) holdings to a total of 174,530 BTC, valued at about $6.65 billion.  ( 34 min )

For quality stocks to outperform in the long run they have to be underpriced. That’s the hard part.  ( 28 min )

The forecast interest-rate cuts would bring the effective Federal Funds rate to about 3.83% at the end of 2024.  ( 35 min )

(Bloomberg) -- Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Saudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBiggest Blowout in Bonds Since the 1980s Sparks  ( 34 min )

Onderhandelingen tussen werkgevers en vakbonden hebben flinke loonsverhogingen opgeleverd voor horecapersoneel en medewerkers van tankstations. Sommige jongeren die op een tankstation werken, kunnen er wel 46 procent op vooruitgaan.  ( 9 min )

Speelgoedbanken door het hele land zien dit jaar in de aanloop naar Sinterklaas en Kerst meer mensen dan voorgaande jaren.  ( 10 min )

Wereldleiders moeten de klimaatbeloftes die ze al jaren doen nu echt gaan waarmaken. Dat was de hoofdboodschap die demissionair minister-president Mark Rutte vrijdag uitsprak op de klimaattop in Dubai.  ( 12 min )

De maximale prijs die energieleveranciers mogen vragen aan klanten van warmtenetten gaat hard omlaag. Het tarief is iets meer dan de helft van dat van vorig jaar.  ( 9 min )

Scheepsbouwer Damen Shipyards gaat voor het eerst met een schip varen dat op zee kan opladen aan een windmolen. Volgens het bedrijf zorgt het schip voor een aanzienlijk lagere uitstoot tijdens het onderhoud van windparken op zee.  ( 9 min )

Een directeur van een hr-bedrijf in Maleisië kreeg in november miljoenen op haar rekening gestort door een fout van de Maybank. De bankwerknemers gingen volgens de vrouw zo onprofessioneel met de situatie om, dat ze het personeel een cursusje klantvriendelijk cadeau wil doen.  ( 8 min )

Snoepgoed voor Pakjesavond is in de winkel fors duurder dan vorig jaar. Voor kruidnoten met of zonder chocolade, speculaas en chocoladeletters betaal je bij Albert Heijn en Jumbo ongeveer een kwart meer dan in 2022.  ( 9 min )

De koers van de bitcoin nadert de 40.000 dollar (omgerekend zo'n 36.750 euro). Beleggers lijken weer vertrouwen te krijgen in de cryptomunt. De koers is dit jaar al met 130 procent gestegen.  ( 8 min )

Grote olieproducerende landen hebben afgesproken dat ze vanaf begin volgend jaar minder olie oppompen. Hiermee willen ze ervoor zorgen dat de olieprijs niet te ver zakt.  ( 8 min )

Streamingdienst Viaplay geeft nieuwe aandelen uit en is een deel van zijn schulden kwijt. Daarover heeft het bedrijf, dat in Nederland bekend is van de Formule 1, een akkoord bereikt met schuldeisers en aandeelhouders.  ( 9 min )

Signify snijdt fors in de organisatie en daarbij gaan banen verloren. Het verlichtingsbedrijf wil jaarlijks meer dan 200 miljoen euro besparen. Hoeveel banen er precies verdwijnen, is nog niet bekend.  ( 8 min )

Signify snijdt fors in de organisatie en daarbij gaan banen verloren. Het verlichtingsbedrijf wil jaarlijks meer dan 200 miljoen euro besparen. Hoeveel banen er precies verdwijnen, is nog niet bekend.  ( 8 min )

Veertig olie- en gasbedrijven zijn niet duurzaam genoeg en daarom niet meer geschikt om in te beleggen, vindt Pensioenfonds Metaal en Techniek. Het gaat wel door met investeren in negen andere fossiele bedrijven, waaronder Shell en BP.  ( 9 min )

Veertig olie- en gasbedrijven zijn niet duurzaam genoeg en daarom niet meer geschikt om in te beleggen, vindt Pensioenfonds Metaal en Techniek (PMT). Het gaat wel door met investeren in negen andere fossiele bedrijven, waaronder Shell en BP.  ( 10 min )

De lonen in nieuwe cao's zijn in november met 6,9 procent gestegen. Dat is historisch gezien nog steeds erg hoog, maar bedrijven zijn wel iets voorzichtiger vanwege de economische onzekerheid in ons land.  ( 10 min )

De lonen in nieuwe cao's zijn in november met 6,9 procent gestegen. Dat is historisch gezien nog steeds erg hoog, maar bedrijven zijn wel iets voorzichtiger vanwege de economische onzekerheid in ons land.  ( 10 min )

Stock futures slipped in premarket trading Friday as investors prepared for the major indexes to pull back after posting their best month of the year in November.  ( 1 min )

Tesla shares were trading lower after the launch of its Cybertruck showed its price tag was higher than originally anticipated and Fed Chair Jerome Powell will join other Federal Reserve officials in delivering remarks today. Here’s what investors need to know today.  ( 1 min )

Today's best CD rates are 6.00% from Securityplus Federal Credit Union, 5.88% from West Town Bank & Trust, and 5.80% from Seattle Bank. A 5.85% jumbo rate is also available.  ( 20 min )

Company equity, which is also commony referred to as shareholders' equity, is the net difference between a company's total assets and total liabilities.  ( 23 min )

The Genesis Block is what the Bitcoin community calls the first block created for the Bitcoin blockchain. It contained a message and the first transaction.  ( 25 min )

Electric vehicle pioneer Tesla has delivered its first Cybertrucks to customers after a two-year production delay.  ( 18 min )

Learn about trading desks at an investment bank. Gain an understanding of how and why these trading desks are split among the four main market sectors.  ( 24 min )

The S&P 500 was up 0.4% on Thursday, Nov. 30, 2023, and the Dow hit a 2023 high, as U.S. markets closed out the month amid positive inflation news.  ( 17 min )

The Morningstar Sustainability Rating assesses the environmental, social, and corporate governance impact of companies held by mutual funds and exchange-traded funds.  ( 25 min )

How you fill out Form W-4 determines how much your employer withholds for taxes, so you need to get it right so you don’t end up overpaying or underpaying.  ( 33 min )

Short-term bonds typically yield higher interest rates than money market funds, so the potential to earn more income over time is greater. But they come with some risk.  ( 23 min )

A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 21 min )

CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 20 min )

With Berkshire Hathaway leading the pack, these are the 10 biggest insurance companies by revenue.  ( 22 min )

Hewlett Packard Enterprise and Nvidia are extending their collaboration to boost HPE's artificial intelligence offerings.  ( 17 min )

Since its introduction in November 2022, ChatGPT has become the dominant name in chatbot technology. As it evolves, some see promise, others see peril, many see profit.  ( 27 min )

The Kelly Criterion is one of the many allocation techniques that can be used to manage money effectively. It helps to limit losses and maximize gains.  ( 24 min )

Learn about the Chinese stock market's limited history of short sales. Find out how it was introduced as well as the crackdowns on malicious shorting practices.  ( 27 min )

Donald Trump's real net worth remains a mystery, but recently published estimates put it at about $3 billion.  ( 25 min )

U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 22 min )

Despite short selling's legal status and its apparent market benefits, many policymakers, regulators, and the public remain suspicious of the practice.  ( 30 min )

Personal consumption expenditures is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn more about PCE and how it's used.  ( 28 min )

A mining pool is a group of cryptocurrency miners who combine their computational resources over a network.  ( 24 min )

Discover how a strategy of using LEAPS can reduce your downside risk in a covered call write.  ( 30 min )

Stocks trading on the OTC Pink Open Market include many good companies waiting to be discovered. Find out more about the OTC's three markets.  ( 26 min )

The Pink market is an electronic over-the-counter market that connects brokers and dealers for trading in stocks. Learn the Pink market's risks and advantages.  ( 27 min )

OTC Pink is the lowest tier of the three marketplaces for trading over-the-counter stocks provided and operated by the OTC Markets Group.  ( 25 min )

Fewer homebuyers than ever signed contracts to buy homes in October, by one measure, and the reason was simple—hardly anyone could afford mortgages at sky-high rates.  ( 18 min )

Learn about some of the leveraged exchange-traded funds (ETFs) that investors can use to track the banking industry within the financial sector.  ( 22 min )

Dividends are taxed differently, depending on whether they are qualified or ordinary.  ( 24 min )

U.S. stock-trading platform Robinhood will try for a third time to offer accounts in the U.K., with a full rollout planned for early 2024.  ( 17 min )

A food-focused ETF is an exchange-traded fund investing in companies that provide food, beverage, and consumer staples.  ( 23 min )

Rates on 30-year mortgages—both standard and jumbo—dropped to their lowest point since Sept. 1, and 15-year rates are down to August levels. Other averages also saw big declines.  ( 19 min )

U.S. equities were mixed at midday on Thursday, Nov. 30, 2023 as a report showed inflation eased to its lowest level since 2021, raising optimism the Fed would not hike rates further.  ( 17 min )

Indication of Interest is an underwriting expression showing a conditional, non-binding interest in buying a security currently in registration.  ( 24 min )

Severance pay is taxed as ordinary income, but there are a number of ways to reduce the amount of taxes you must pay. It can depend on where you put the money.  ( 24 min )

In vitro fertilization (IVF) is expensive and rarely covered by health insurance. However, other financing options are available. Learn more about how to get an IVF loan.  ( 26 min )

Snowflake shares rose after reporting a broadly stabilizing macro environment helped the company post better-than-expected results.  ( 17 min )

AbbVie is buying rival biotech firm ImmunoGen for $10.1 billion, giving it access to ImmunoGen's flagship ovarian cancer treatment.  ( 17 min )

Active trading is quite different from casual investing and you might need more capital than you think.  ( 24 min )

A restructuring charge is a one-time cost that a company pays when it reorganizes its organization. It reflects expenses associated with the goal of improving profits.  ( 23 min )

How to avoid tax penalties when using your 401(k) before retirement, by taking a hardship distribution or a loan from your plan.  ( 29 min )

Explore the key differences between ETFs and investment trusts, how each is structured, and the notable advantages and disadvantages between the two.  ( 27 min )

The United Auto Workers union initiated campaigns to organize at 13 major auto manufacturers in the U.S., including Tesla.  ( 19 min )

A financial plan is a document detailing a person’s current money situation and long-term monetary goals, as well as strategies to achieve them.  ( 25 min )

Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.  ( 21 min )

The first currency quoted in a currency pair on forex. It is also typically considered the domestic currency or accounting currency.  ( 24 min )

Consumers got more bang for their buck in October as incomes and spending both rose, and prices stayed flat—an encouraging sign in the Federal Reserve’s fight against inflation.  ( 18 min )

Selecting a qualified crypto custodian is crucial for securing and protecting your digital assets.  ( 25 min )

Ford shares fell after the company reinstated its 2023 guidance, which it previously withdrew during the United Auto Workers union strike.  ( 17 min )

Tax settlement firms claim they can reduce or even eliminate the amount you owe to the IRS. Find out the facts behind this alluring fiction.  ( 27 min )

A command economy is controlled by a government while a mixed economy is driven in large part by the private sector, with some government control and intervention.  ( 24 min )

I refinanced my primary mortgage in 2020 when interest rates dropped, and used some of the savings to buy four rental properties by the end of 2021.  ( 22 min )

A 501(c)(3) organization is a tax-exempt nonprofit organization subject to many IRS rules. Learn the requirements, costs, and pros and cons of setting up a 501(c)(3).  ( 32 min )

Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.  ( 41 min )

Salesforce shares surged after it reported better-than-expected earnings and Tesla plans to commemorate the beginning of deliveries of its Cybertruck at an event at its Texas factory. Here’s what investors need to know today.  ( 18 min )

A Schedule F form is used to report the income and expenses of a farm. The form is used to calculate the profits or losses from farming operations.  ( 24 min )

Using an IRA account to buy real estate is not for those who lack the time and expertise to manage such an investment.  ( 26 min )

Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are ways to reduce capital gains exposure.  ( 26 min )

Correlation coefficients of greater than, less than, and equal to zero indicate positive, negative, and no relationship between the two variables.  ( 28 min )

GDP per capita is a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.  ( 27 min )

Gross domestic product is one of the primary indicators used to gauge the health of a country's economy. But what does it actually measure?  ( 27 min )

An attorney for the billionaire Haslam family called bribery allegations leveled by Warren Buffett's company a “wild invention” Thursday. The Haslams and Buffett's company are accusing each other of manipulating Pilot's earnings this year to affect the price Berkshire would have to pay for the Haslams' remaining 20% stake in the company if the family decides to sell. The Haslam family — which includes Cleveland Browns owner Jimmy Haslam and former Tennessee governor Bill Haslam — accused Berkshire last month of trying to understate Pilot’s earnings this year by changing its accounting practices.  ( 37 min )

(Reuters) -Chipmaker Marvell Technology said on Thursday it expects its data center business to continue to grow next year even as roughly half its revenue will decline in the first quarter as its customers face tough conditions. CEO Matthew Murphy attributed the anticipated drop in revenue from its segments including wireless carrier infrastructure and enterprise to a tough macroeconomic environment and longer-than-expected inventory corrections by its customers. "You've seen it in announcements from the big enterprise companies and you've also seen it from the carrier companies," Murphy said in an interview with Reuters.  ( 34 min )

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(Bloomberg) -- Broadcom Inc. plans to fire almost 1,300 VMware Inc. employees in California following the completion of a $61 billion acquisition that pushed the chipmaker deeper into the software industry.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBanking Escapees Make Billions From Private Credit BoomBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyTesla’s Cheapest Cybertruck Will C  ( 34 min )

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A Wells Fargo & Co employee filed a lawsuit on Thursday accusing the bank of depriving hundreds of its U.S. branch workers of overtime pay, as the bank faces an unprecedented campaign to unionize its workforce. The proposed class action filed in San Francisco federal court claims Wells Fargo improperly classified "senior premier bankers" as management-level employees who are exempt from overtime pay under federal and state laws. The lawsuit was filed by Sabrina Perez, an employee at a Wells Fargo branch in Albuquerque, New Mexico, where workers recently filed a petition to hold a union election.  ( 34 min )

For the fiscal third quarter, UiPath reported revenue of $326 million, up 24% from a year earlier.  ( 21 min )

Electric vehicle pioneer Tesla has delivered its first Cybertrucks to customers after a two-year production delay.  ( 18 min )

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(Bloomberg) -- A 62% rally in Coinbase Global Inc. shares this month is shining a spotlight on Wall Street euphoria around the largest US crypto exchange. Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025These Are the World's Most Expensive Cities to Live In Right NowSaudi Arabia Offers Iran Investment to Blunt Gaza WarBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyIn the shadow o  ( 35 min )

A fresh 2023 closing high is in reach for stocks on Thursday as investors digest further data that shows inflation is cooling.  ( 46 min )

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A fresh 2023 closing high is in reach for stocks on Thursday as investors digest further data that shows inflation is cooling.  ( 45 min )

A fresh 2023 closing high is in reach for stocks on Thursday as investors digest further data which show inflation is cooling.  ( 44 min )

Next year, investors could see growth in these four sectors, Aaron Dunn, portfolio manager at Morgan Stanley, told Yahoo Finance.  ( 36 min )

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Investors tend to flock to gold during periods of global turbulence, while lower yields also make it more attractive. But there’s a better way to play it.  ( 24 min )

(Bloomberg) -- Occidental Petroleum Corp.’s private jet touched down in Omaha this week, home to its biggest investor Warren Buffett, as Chief Executive Officer Vicki Hollub considers a shale oil deal worth at least $10 billion. Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyKissinger, Diplomat Who Defined US Foreign Policy, Dies at 100Bank  ( 34 min )

(Bloomberg) -- A bond exchange-traded fund crossed $100 billion for the first time since such products launched over two decades ago.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyKissinger, Diplomat Who Defined US Foreign Policy, Dies at 100Banking Escapees Make Billions From Private Credit BoomA $14 million inflow Wednesday pushed assets  ( 34 min )

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The Tesla CEO just took his praise of China's electric-vehicle makers up a notch.  ( 35 min )

The price of crude oil fell after a cartel of oil-producing nations led by Saudi Arabia surprised the market by issuing a statement that failed to include an expected pledge to cut production by another million barrels per day.  ( 58 min )

Tesla was added to the S&P 500 nearly three years ago, taking the place of real estate investment trust Apartment Investment & Management in the index.  ( 32 min )

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Rates on 30-year mortgages—both standard and jumbo—dropped to their lowest point since Sept. 1, and 15-year rates are down to August levels. Other averages also saw big declines.  ( 21 min )

Freight Farms merging with blank-check company Agrinam Acquisition Corp. (TSX: AGRI.U) AgTech startup provides hydroponic farming solutions, with over 600 farms in operation across 40 countries Has largest network of […]  ( 36 min )

The tech industry experienced a surge that is expected to continue booming with artificial intelligence (AI) advancement. But some sectors also recorded poor returns. DISH Network Corp. has been the biggest loser so far in 2023 with a 54% drop in revenue, 3% shy of its 2022 results. Companies like The Home Depot Inc. registered low sales of big-ticket items as consumers focused on small projects. There was a time when having shares in TV networks was a big deal. But that changed with all wireles  ( 36 min )

Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don't find a way to make money while you sleep, you will work until you die." Don't Miss: Elon Musk has  ( 35 min )

Investors love dividend increases, both for the extra income generated as well as what they convey about the company's overall health. Dividend raises signal to shareholders that the company is experiencing growth in revenue and earnings, demonstrating its ability to pay out higher returns to its investors. Every so often, events occur that force companies to suspend or drastically cut the dividend. This often leads to a sell-off of the shares. In 2020, hotel real estate investment trusts (REITs  ( 36 min )

Apple Inc. (NASDAQ:AAPL), the largest company in the world in terms of market cap, is expected to witness a slowdown in sales in the near term as the world braces for an economic slowdown. The stock plunged by 45 basis points over the past five days, reflecting jitters among investors regarding the company's near-term prospects. The company's revenue has declined for four consecutive quarters as of Sept. 30, reflecting the longest sales slowdown in the two decades since 2001. Increasing headwind  ( 36 min )

Nelson Peltz's Trian Fund Management will seek multiple board seats at Disney — and will take its case directly to shareholders.  ( 37 min )

AbbVie is buying rival biotech firm ImmunoGen for $10.1 billion, giving it access to ImmunoGen's flagship ovarian cancer treatment.  ( 19 min )

A fresh 2023 closing high is in reach for stocks on Thursday as investors digest further data which show inflation is cooling.  ( 37 min )

The OPEC+ group on Thursday agreed to additional output curbs of 1 million barrels per day, in a move that could send oil prices higher.  ( 36 min )

The OPEC+ group on Thursday agreed to additional output curbs of 1 million barrels per day, in a move that could send oil prices higher.  ( 35 min )

Big Lots expects fourth-quarter operating results to improve from a year earlier, which would mark the first quarterly year-over-year improvement in about three years.  ( 20 min )

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Snap upgraded, Okta downgraded: Wall Street's top analyst calls  ( 35 min )

The good news for investors: There are steps to mitigate the damage now and avoid it in the future.  ( 29 min )

Big pharma’s $10.1 billion deal splash is giving biotech stocks a lift. AbbVie, which sells widely-used drugs like Humira and Skyrizi, said Thursday it plans to buy cancer drug dev  ( 23 min )

A fresh 2023 closing high is in reach for stocks on Thursday as investors digest further data which show inflation is cooling.  ( 35 min )

More advertisers are likely to flee Elon Musk's social media platform X after the billionaire lashed out at some of the biggest names in the media industry at a New York Times DealBook event for dropping out of the platform, analysts said on Thursday. Walt Disney and Warner Bros. Discovery suspended advertising on X earlier this month following his endorsement of an antisemitic post that falsely claimed members of the Jewish community were stoking hatred against white people. After apologizing for his post at the event on Wednesday, Musk unleashed a profanity-laced tirade against some of the advertisers for fleeing the platform.  ( 33 min )

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.2% last month after an unrevised 0.7% gain in September, the Commerce Department's Bureau of Economic Analysis said on Thursday. The moderation in consumer spending followed a brisk growth pace in the third quarter and reflects the impact of higher borrowing costs and depleted excess savings among low-income households.  ( 34 min )

Barron’s screen came up with a half dozen companies, led by Altria and Walgreens.  ( 31 min )

A fresh 2023 closing high is in reach for stocks, but the release of key PCE inflation data could put the rally to the test.  ( 34 min )

November has a been a good month for the markets, with solid gains on the S&P 500 of 8.5%, bringing the year-to-date haul to ~19%. The question now is, where do we go from here? Don’t go anywhere, rather, stay in the stock market, appears to be the recommendation of JPMorgan’s global investment strategist Madison Faller, who points to three factors that should be supportive going forward. First, the US economy is cooling a bit, enough to ease the threat of overheating; second, the rate of inflat  ( 38 min )

Pure Storage blamed the miss on a business model transition and the delayed fulfillment of a large customer order.  ( 23 min )

The inflation print could help determine whether the Fed might cut interest rates sooner than many think.  ( 33 min )

AbbVie will acquire ImmunoGen for $31.26 a share.  ( 19 min )

AbbVie is buying ImmunoGen in a deal valued at about $10.1 billion with the goal of speeding the pharmaceutical's entry into the commercial market for ovarian cancer. ImmunoGen Inc. has the ovarian cancer treatment Elahere. "The acquisition of ImmunoGen demonstrates our commitment to deliver on our long-term growth strategy and enables AbbVie to further diversify our oncology pipeline across solid tumors and hematologic malignancies,” AbbVie Chairman and CEO Richard Gonzalez said in a statement on Thursday.  ( 33 min )

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AbbVie has agreed to buy ImmunoGen for about $10.1 billion in a deal that speeds the biopharmaceutical company’s entry into the commercial market for ovarian cancer.  ( 26 min )

AbbVie said on Thursday it will buy drugmaker ImmunoGen for $10.1 billion, boosting its presence in the market for cancer treatments. The drugmaker will pay $31.26 per ImmunoGen share in cash, representing a premium of 94.6% to the last closing price. This transaction is expected to close in the middle of 2024, AbbVie said.  ( 33 min )

A fresh 2023 closing high is in reach for stocks, but the release of key PCE inflation data could put the rally to the test.  ( 34 min )

Ford Motor on Thursday provided 2023 financial guidance. The company now expects to earn an operating profit of between $10 billion and $10.5 billion.  ( 22 min )

Only one out of every three corporate frauds is ever caught, finance professors write in a new accounting study, but critics claim their definition of fraud is too broad.  ( 35 min )

(Bloomberg) -- Even Ken Griffin is a little worried. Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarKissinger, Diplomat Who Defined US Foreign Policy, Dies at 100Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99These Are the World's Most Expensive Cities to Live In Right NowBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyMultimanager funds like Griffin’s Citadel have come to dominate the hedge fund industry, riding a steady run of outper  ( 39 min )

Microsoft joins OpenAI board, General Motors increases dividend and stock buybacks, Cigna and Humana discuss merger, and other news to start your day.  ( 41 min )

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Net income from the business jumped 36% to C$987 million, helped by strength in corporate and investment banking, the bank said. RBC has also been shoring up liquidity at its U.S. unit, City National Bank.  ( 34 min )

Novo Nordisk on Thursday said it sued one compounding pharmacy and refiled a lawsuit against another after finding their products claiming to contain the active ingredient for its in-demand weight-loss drug Wegovy were impure, some by as much as 33%. The Danish drugmaker said it found impurities in all the drugs tested from Wells Pharmacy and Brooksville Pharmaceuticals, both based in Florida. Novo first sued Brooksville in July, and discovered a substance called BPC-157 in samples from Wells.  ( 35 min )

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With volatility this low, the famous "Santa Claus Rally" may have already happened.  ( 36 min )

(Bloomberg) -- A pause in the war in Gaza and hopes for diplomatic progress have helped Israel’s stocks and currency hand investors the world’s best dollar-based returns in November.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Henry Kissinger, Secretary of State in 1970s Crises, Dies at 100These Are the World's Most Expensive Cities to Live In Right NowBill Ackman Bets Fed Will Cut Interest Rates as Soo  ( 34 min )

Oil prices were around 1% higher ahead of OPEC+’s ministerial meeting, with a rollover of existing curbs still seen as the most likely scenario, but expectations of deeper cuts in an effort to shore up prices are growing among traders.  ( 25 min )

(Bloomberg) -- Alibaba Group Holding Ltd. is set to lose its position as China’s most valuable e-commerce firm to eight-year-old upstart PDD, a watershed moment for an internet industry that Jack Ma’s iconic firm dominated for more than a decade.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Henry Kissinger, Secretary of State in 1970s Crises, Dies at 100Bill Ackman Bets Fed Will Cut Interest Rates as Soo  ( 36 min )

Barron’s screen came up with a half dozen companies, led by Altria and Walgreen's.  ( 31 min )

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Snap, Pinterest, Hewlett Packard Enterprise, and an Outperform initiation at Ecolab. Snap (NYSE:SNAP) shares rose more than 2% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $12.00.  ( 35 min )

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Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are ways to reduce capital gains exposure.  ( 26 min )

The deal could value CrownRock well above $10 billion including debt.  ( 29 min )

There are a host of tax breaks available to retirees and older Americans, but they’re easy to miss.  ( 27 min )

(Bloomberg) -- Two days after Sam Altman reached an agreement with OpenAI to return as its chief executive, he spent part of his Thanksgiving with Adam D’Angelo, one of the company’s board members who had fired him the week prior.Their hours-long meeting, which Altman called “really nice,” highlights D’Angelo’s unique role in a corporate drama that has captivated Silicon Valley — and the importance of their relationship in restoring some stability at the world’s best-known artificial intelligenc  ( 36 min )

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Jamie Dimon said Elon Musk is "brilliant" and has "pluses and minuses," while speaking at the DealBook conference.  ( 34 min )

CEO Bob Iger offered more insight into Disney's decision to halt advertising on Elon Musk’s X during a DealBook Summit session Wednesday.  ( 35 min )

The S&P 500 was up 0.4% on Thursday, Nov. 30, 2023, and the Dow hit a 2023 high, as U.S. markets closed out the month amid positive inflation news.  ( 1 min )

U.S. equities were mixed at midday on Thursday, Nov. 30, 2023 as a report showed inflation eased to its lowest level since 2021, raising optimism the Fed would not hike rates further.  ( 1 min )

The United Auto Workers union initiated campaigns to organize at 13 major auto manufacturers in the U.S., including Tesla.  ( 1 min )

Stock futures were up in premarket trading as Salesforce shares soared on its quarterly earnings report and investors awaited October's reading of the Fed's preferred inflation gauge.  ( 1 min )

Salesforce shares surged after it reported better-than-expected earnings and Tesla plans to commemorate the beginning of deliveries of its Cybertruck at an event at its Texas factory. Here’s what investors need to know today.  ( 1 min )

Electric vehicle pioneer Tesla has delivered its first Cybertrucks to customers after a two-year production delay.  ( 1 min )

Hewlett Packard Enterprise and Nvidia are extending their collaboration to boost HPE's artificial intelligence offerings.  ( 1 min )

U.S. stock-trading platform Robinhood will try for a third time to offer accounts in the U.K., with a full rollout planned for early 2024.  ( 1 min )

Snowflake shares rose after reporting a broadly stabilizing macro environment helped the company post better-than-expected results.  ( 1 min )

AbbVie is buying rival biotech firm ImmunoGen for $10.1 billion, giving it access to ImmunoGen's flagship ovarian cancer treatment.  ( 1 min )

Ford shares fell after the company reinstated its 2023 guidance, which it previously withdrew during the United Auto Workers union strike.  ( 1 min )

In de Verenigde Staten hebben de eerste Tesla-klanten donderdag hun Cybertruck in ontvangst genomen. Het vijfde model van het Amerikaanse elektrische merk werd al in 2019 gepresenteerd, maar de levering ervan liep meerdere keren vertraging op.  ( 9 min )

Het pensioen van mensen die zijn aangesloten bij pensioenfonds ABP stijgt volgend jaar met 3 procent. Ook gaat de premie iets omlaag, laat bestuursvoorzitter Harmen van Wijnen van het grootste pensioenfonds van Nederland donderdag weten.  ( 9 min )

Winkelketen Sprinter Sports, voorheen bekend onder de namen Perry Sport en Aktiesport, is getroffen door een cyberaanval. Het bedrijf adviseert klanten extra waakzaam te zijn op verdachte activiteiten op de bankrekening.  ( 8 min )

Het aantal mensen wereldwijd met een vermogen van meer dan 1 miljard dollar (916 miljoen euro) is dit jaar opgelopen tot 2.544. Dat zijn er 7 procent meer dan vorig jaar. Daarnaast werden miljardairs het afgelopen jaar 9 procent rijker.  ( 9 min )

Huishoudens gaan volgend jaar 7 euro per maand meer betalen voor energie door hogere kosten voor het gas- en stroomnet. Netbeheerders investeren miljarden in onderhoud en uitbreiding van de netten voor de energietransitie. Die kosten berekenen ze nu door.  ( 9 min )

De VN-klimaattop in Dubai heeft donderdag op de eerste dag al een resultaat opgeleverd. Alle landen werden het eens over de opzet van een klimaatschadefonds, dat hulp moet bieden aan arme landen na klimaatrampen.  ( 11 min )

Demissionair staatssecretaris Gunay Uslu (Cultuur en Media) vertrekt uit het kabinet en wordt topvrouw bij reisaanbieder Corendon. Het bedrijf is opgericht door haar broer Atilay Uslu.  ( 11 min )

Het bedrijf achter de goksite BetCity moet een boete van 3 miljoen euro betalen omdat het niet genoeg doet tegen mogelijk zwart geld. Betent kreeg eerder al een waarschuwing van de Kansspelautoriteit, maar de toezichthouder vindt dat de tijd van waarschuwen nu voorbij is.  ( 9 min )

De Europese Centrale Bank geeft vanaf 2026 een nieuwe serie eurobiljetten uit. Uit een enquête bleek dat inwoners van de eurolanden het liefst de thema's 'Europese cultuur' en 'vogels en rivieren' op het geld zien.  ( 8 min )

Na Essent en Vattenfall komt ook Eneco met nieuwe tarieven voor klanten met een variabel energiecontract. De kale energieprijzen blijven in januari gelijk, maar door belastingverhogingen gaat de energierekening voor Eneco-klanten toch omhoog.  ( 9 min )

Het bedrijf achter de goksite BetCity moet een boete van 3 miljoen euro betalen omdat het niet genoeg doet tegen mogelijk zwart geld. Betent kreeg eerder al een waarschuwing van de Kansspelautoriteit, maar de toezichthouder vindt dat de tijd van waarschuwen nu voorbij is.  ( 9 min )

De gasprijs op handelsmarkten is vandaag gedaald naar 40,25 euro per megawattuur. Sinds begin oktober waren handelsprijzen niet zo laag. Pijnlijk is wel dat gas voor consumenten ondertussen juist duurder wordt.  ( 10 min )

De vraag naar siervuurwerk in ons land is ondanks allerlei afsteekverboden ook dit jaar groot. Consumenten trekken zich weinig aan van de beperkende maatregelen. De vuurwerkbranche verwacht opnieuw een hoge omzet aangezien winkeliers flink hebben ingekocht.  ( 10 min )

Beleggers zijn opgetogen over een deal die ASR heeft gesloten met claimorganisaties over de woekerpolisaffaire. De koers van het aandeel steeg donderdagochtend op de Amsterdamse beurs met 14 procent naar 42,66 euro.  ( 9 min )

Demissionair staatssecretaris Gunay Uslu (Cultuur en Media) vertrekt uit het kabinet en wordt topvrouw bij luchtvaartmaatschappij Corendon, het bedrijf dat is opgericht door haar broer.  ( 7 min )

Elon Musk heeft woensdagavond fel uitgehaald naar de bedrijven die zijn gestopt met adverteren op X. Diverse ondernemingen trokken hun advertenties terug nadat de excentrieke miljardair instemmend had gereageerd op antisemitische uitspraken.  ( 9 min )

Mensen moeten sinds kort kiezen tussen betaalde of gratis varianten van Instagram en Facebook. Europese consumentenorganisaties noemen die keuze misleidend, oneerlijk en agressief. Ze hebben daarom een klacht ingediend tegen moederbedrijf Meta.  ( 9 min )

De Nederlandse Staat gaat zijn belang in ABN AMRO verder afbouwen. Het belang in de bank wordt teruggebracht van 49,5 procent tot circa 40 procent. Dat meldt NLFI, de stichting die de overheidsbelangen in financiële instellingen beheert.  ( 8 min )

Het winkelend publiek heeft in oktober 4,7 procent meer uitgegeven dan een jaar eerder. Dat kwam uitsluitend doordat prijzen hoger waren, het aantal gekochte producten steeg niet.  ( 8 min )

ASML-topman Peter Wennink stopt in april volgend jaar en wordt opgevolgd door de Fransman Christophe Fouquet. Dat maakt de Eindhovense chipmachinefabrikant donderdag bekend.  ( 9 min )

Goederen en diensten zijn in november 1,6 procent duurder dan een jaar eerder. Daarmee komt geen vervolg op de dalende prijzen van vorige maand, toen er nog een min van 0,4 procent was. Dat blijkt uit voorlopige cijfers van statistiekbureau CBS.  ( 9 min )

Vorig jaar verscheen plotseling ChatGPT, een chatbot die op basis van kunstmatige intelligentie (AI) antwoord geeft op al je vragen. Het leek een hype, maar al snel bleek dat ChatGPT het begin is van waartoe de technologie in staat is. Ondertussen rommelt het flink in het bedrijf dat ChatGPT ontwierp.  ( 12 min )

Donderdag begint de jaarlijkse VN-klimaattop. Ditmaal komen vertegenwoordigers van bijna tweehonderd landen bijeen in Dubai om te onderhandelen over de aanpak van klimaatverandering. De toekomst van fossiele brandstoffen wordt een belangrijk agendapunt in de olierijke Verenigde Arabische Emiraten.  ( 14 min )

The company blamed the miss on a business model transition and the delayed fulfillment of a large customer order.  ( 23 min )

The SEC said most of the WeWork options expired before Larmore could exercise them due to a delay in issuing the press release.  ( 27 min )

While Salesforce continues to grapple with softness in parts of the economy, the company is seeing signs of improving customer sentiment.  ( 24 min )

The strong quarter is likely to be seen as a sign of strength for the cloud computing market.  ( 21 min )

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(Bloomberg) -- Mark Cuban has a knack for selling at the top. Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Saudi Arabia Offers Iran Investment to Limit Israel-Hamas WarBill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterMusk’s Cybertruck Is Already a Production Nightmare for TeslaBond Yields Fall on Signs Fed Is in ‘Sweet Spot’: Markets WrapTake the radio-streaming website he founded, Broadcast.com. It sold to Yahoo! Inc. for billions les  ( 34 min )

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Shares of Salesforce rose in after-hours trading after the business-software company reported quarterly earnings per share ahead of Wall Street's projections. Salesforce stock was recently up more than 6%, after rising 2.4% in the regular session. The shares were up 74% in 2023 through Wednesday's  ( 24 min )

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Dovish comments by Federal Reserve officials fueled optimism that a shift to cutting interest rates is coming.  ( 47 min )

SoFi Technologies will shut down its crypto services by Dec. 19. Existing accounts will have the choice to migrate to the Blockchain.com platform or be closed and liquidated at that time, with a few caveats.  ( 20 min )

Online luxury retailer tells investors past forecasts ‘should no longer be relied upon’  ( 4 min )

Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshire to pay more for the Haslams’ remaining 20% stake in the company. The Berkshire claim in a counter lawsuit filed this week comes after the Haslam family — which includes Cleveland Browns owner Jimmy Haslam and former Tennessee governor Bill Haslam — accused Berkshire of trying to understate Pilot’s earnings this year by changing its accounting practices.  ( 36 min )

The California Highway Patrol has issued a final rule requiring ELD use by intrastate drivers on and after Jan. 1, 2024. The post What you need to know about the California intrastate ELD mandate appeared first on FreightWaves.  ( 34 min )

Any combination would likely encounter tough antitrust scrutiny  ( 4 min )

The back-and-forth over OPEC+’s November meeting exposes the difficulties that face the cartel, which is failing to drive up oil prices.  ( 35 min )

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The Wall Street Journal says the two healthcare providers are talking about a stock-and-cash deal that could be finalized by the end of the year.  ( 23 min )

(Bloomberg) -- Cigna Group and Humana Inc. are in talks to merge in a cash and stock deal that would create another dominant force in the health-insurance industry, according to the Wall Street Journal.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Saudi Arabia Offers Iran Investment to Limit Israel-Hamas WarBill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterMusk’s Cybertruck Is Already a Production Nightmare for TeslaOkta Says Hackers Sto  ( 34 min )

GameStop stock is skyrocketing a week before the company is scheduled to report earnings.  ( 35 min )

GM chair and CEO Mary Barra talks with Yahoo Finance about the road ahead after the UAW contract deal.  ( 35 min )

Shares of Cigna dropped, and Humana's turned lower, after the Journal reported that the health-insurance companies are in talks to merge. Cigna's shares were recently off some 4%, while Humana's also retreat  ( 22 min )

European Commission lawyers initially opposed sending a warning to Amazon over its $1.4 billion acquisition of robot vacuum maker iRobot, three people with direct knowledge of the matter said on Wednesday. The Commission's legal service did not think a statement of objections regarding the deal was warranted, in contrast with antitrust officials handling the case, the people said. Without such a charge sheet, the deal would have been cleared unconditionally.  ( 34 min )

Charlie Munger, a name synonymous with investment brilliance and a cornerstone in building one of the greatest fortunes in U.S. history, died Tuesday at age 99. While he may not have been a household name like his legendary partner Warren Buffett, Munger was a legend in the investment world in his own right. His approach to success was rooted in deceptively simple principles: taking simple ideas seriously, loading up on the few insights you have and maintaining a long-term investment view. This  ( 37 min )

Rates on 30-year mortgages fell Tuesday, lowering the average to just a basis point above its recent 2-month low. Rates on most other loan types were down as well.  ( 21 min )

A cash-and-stock deal between the health-insurance giants could be struck by year-end.  ( 29 min )

Tesla has an event planned for Thursday. It's speeding into GM and Ford territory.  ( 25 min )

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(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang, who runs the semiconductor industry’s most valuable company, said the US is as much as 20 years away from breaking its dependence on overseas chipmaking.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterBond Yields Fall on Signs Fed Is in ‘Sweet Spot’: Markets WrapMusk’s Cybe  ( 35 min )

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Another prediction for a drop in home prices came today. Here are the metro areas that will see the biggest declines, Realtor.com says.  ( 29 min )

Ryan Reynolds isn’t just a superstar actor; he’s also an investor who’s turned his savvy into hundreds of millions of dollars. But here’s a twist: He dropped out of college after just 45 minutes. That’s right, the same guy who played a pivotal role in transforming Mint Mobile into a telecom titan spent less than an hour as a college student. Despite leaving Kwantlen Polytechnic University in British Columbia within less than an hour of enrolling, Reynolds’ decision did not impede his progress. H  ( 35 min )

The concept of living off the interest and returns from a retirement account has become a focal point for many Americans. The common goal is to accumulate enough savings by their late 60s to enjoy a secure, indefinite retirement. For younger generations, the ambition often shifts toward amassing a substantial nest egg for early retirement. But reaching this milestone is not a simple task, prompting many to ponder: Is $1 million sufficient? And more importantly, is it feasible to live off the ret  ( 34 min )

A Dividend Aristocrat is a company that has not only paid dividends to its shareholders but has also increased their amount every year for at least 25 consecutive years. Procter & Gamble Co. is one of the best examples. The company has approved a dividend increase for 67 consecutive years. It also has paid a dividend for 133 consecutive years. It doesn't matter if you have one share, 1,000 shares or 1 million shares of Procter & Gamble — you'll receive four dividend payments per year. For 2023,  ( 35 min )

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My wife (62) and I (60) have $2.4 million in our Edward Jones IRA account and have no mortgage payment and our children are out of the house. Do we really need a financial advisor (at 1%) or could we go with a less expensive option like Vanguard? We don’t see any adjustment with our […] The post Ask an Advisor: We’re in Our 60s and Have $2.4 Million in an IRA. ‘Do We Really Need a Financial Advisor?’ appeared first on SmartReads by SmartAsset.  ( 35 min )

René Benko’s Signa filed for insolvency, marking one of the most dramatic falls in the property sector in recent years.  ( 28 min )

GameStop shares jumped 14% Wednesday morning, putting them on pace for their largest daily percentage increase since March. The move extends another pop yesterday, bringing their two-day advance to around 30%. The shares have been boosted in part by traders positioning for gains in the options mar  ( 23 min )

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GameStop (GME): The shares soared 15%. Bullish GameStop call options in particular are seeing renewed volume, according to Cboe Global Markets data, as traders look ahead to the videogame retailer's quarterly results next week. [**General Motors (GM  ( 24 min )

General Motors shares jumped after reinstating its 2023 guidance, announcing a $10 billion share buyback, and boosting its dividend 33%.  ( 18 min )

Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f  ( 35 min )

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In a recent episode of "The Rich Dad Radio Show," financial educator and author Robert Kiyosaki expressed grave concerns about the United States’ financial health. "America is now bankrupt," he said. "And the question I want to answer today is how [come] America, at one time reportedly the richest country in the world, is now bankrupt?" While the U.S. hasn’t legally declared bankruptcy, Kiyosaki's point underscores the nation’s worsening debt crisis. As of Nov. 24, the U.S. national debt had rea  ( 34 min )

(Bloomberg) -- Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push for two board seats.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaBill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterHamas Releases 12 Hostages Despite Claims of Truce ViolationsIndia to Add $5 Billion Aircraft Carrier to Fleet to Counter ChinaElliott sent  ( 34 min )

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Dovish comments by Federal Reserve officials fueled optimism that a shift to cutting interest rates is coming.  ( 35 min )

Dovish comments by Federal Reserve officials fueled optimism that a shift to cutting interest rates is coming.  ( 35 min )

Michael Howells, president of the Workforce Skills division at Pearson, said GenZ are prepared for changes their senior counterparts may not be.  ( 34 min )

(Bloomberg) -- General Motors Co. will boost its dividend by 33% and implement a $10 billion share buyback program in an attempt to spark interest among investors in a stock that has slumped this year as the company’s technology investments falter.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBill Ackman Bets Fed Will Cut Interest Rates  ( 36 min )

Enbridge on Wednesday forecast higher core earnings and raised its dividend for 2024 as the Canadian pipeline operator bets on higher demand to lift volumes transported across its network. Enbridge said it expects C$9.3 billion in core profit from its liquids pipelines business, the company's main unit, helped by strong system utilization. The upbeat forecast from Enbridge, which operates the Mainline oil pipeline system that ships the bulk of Canada's crude exports to the U.S., follows peer TC Energy estimating higher adjusted core earnings for 2024 on Tuesday.  ( 34 min )

The head of Dubai's Emirates has urged Rolls-Royce to go "back to basics" and focus on the performance of its engines, a day after the British firm laid out plans to quadruple profits. Shares in the British engineering firm rose after CEO Tufan Erginbilgic unveiled a strategy on Tuesday to revive the engine maker's fortunes including a sharp increase in profit margins and "value-driven pricing," suggesting higher servicing bills. But Emirates Airline President Tim Clark, who criticised Rolls over engine pricing and the performance of its largest engine at this month's Dubai Airshow, appeared unswayed by the plans which rely heavily on higher engine profit margins.  ( 35 min )

Zepbound is expected to be available in the U.S. by the end of the year.  ( 35 min )

My wife and I are both 56. We have around $1.2 million saved – approximately $450,000 in company 401(k)s, $650,000 in a managed account, and approximately $70,000 in personal stocks. We also have approximately $22,000 in savings. Our home is worth $700,000 or more and we owe $197,000 with a 3.875% interest rate. Our advisor […] The post Ask an Advisor: We’re 56 With $1.2 Million in Investments and Savings. Can We Afford to Withdraw $60k-$80k Per Year in Retirement? appeared first on SmartReads b  ( 36 min )

Paying a 1% annual fee to a financial advisor for managing a $2 million investment portfolio is pretty typical, but that doesn’t necessarily mean it’s the right amount for every investor. Even small-sounding financial advisor fees can seriously erode long-term returns when compounded over years or decades. A 1% annual fee on a $2 million […] The post I Have $2 Million Invested With My Financial Advisor and Pay a 1% Fee. Am I Paying Too Much? appeared first on SmartReads by SmartAsset.  ( 35 min )

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Charlie Munger dies at 99, Apple moves to end Goldman Sachs card partnership, Amazon and Nvidia expand AI offerings, and other news to start your day.  ( 42 min )

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The videogame retailer's shares were last at $15.12, the third most actively traded stock on the New York Stock Exchange at 5:50 a.m. ET. On Tuesday, GameStop shares had their biggest one-day percentage gain in eight months on no clear news catalyst. AMC Entertainment, another favorite among retail traders, rose nearly 4% to $6.95.  ( 34 min )

Wall Street indexes ended marginally higher on Tuesday after some positive commentary from the Fed, while upbeat consumer data provided some lift. Fed Governor Christopher Waller, deemed a hawk, on Tuesday hinted at lower interest rates in the months ahead if inflation continued to ease, while Chicago Fed President Austan Goolsbee voiced concerns about keeping interest rates "too high for too long."  ( 35 min )

Traders are piling into call options on GameStop stock implying the shares will stage a big rally after quarterly results.  ( 20 min )

Alibaba stock has been suffering after it abandoned its cloud spinoff plans. Plaudits for the performance of Chinese e-commerce rival PDD are adding more pressure for change.  ( 22 min )

Leaders of big American companies react to the passing of Berkshire Hathaway's Charlie Munger.  ( 36 min )

The New Year is only five weeks away, and looking ahead to 2024 some noted market experts are predicting a modestly positive investing environment. Notable among them is David Kostin, chief US equity strategist from Goldman Sachs, who has expressed some cautious optimism about the coming year. Kostin believes that, like this year, the next will present a volatile stock market background and toss up opportunities for investors to score profits. Kostin’s rosy upside scenario sees the S&P 500 hitti  ( 40 min )

Alibaba is on the brink of losing its crown as China’s most valuable e-commerce company. PDD Holdings, the parent company of hugely popular online retailer Temu, is now worth $185 billion. The company [reported bumper earnings this week](https://www.wsj.com/livecoverage/stock-market-today-dow-jones  ( 23 min )

Richemont said it had no financial obligations toward the luxury fashion e-commerce company Farfetch and didn’t plan to lend to or invest in it, but confirmed it was monitoring the situation, including reviewing its options.  ( 25 min )

Charlie Munger of Berkshire Hathaway told CNBC just weeks ago that he would no longer bother with the bucket list item even if given the opportunity.  ( 35 min )

Charlie Munger, longtime business partner of Warren Buffet, said he lived in the same house for decades because he thought it'd be better for his kids.  ( 33 min )

Fed funds futures are now pricing in more than hundred basis points (bps) of cuts in 2024 and a 40% chance they begin as soon as March. Earnings growth in Europe will be flat in 2024 provided no recession materializes, J.P.Morgan said, warning that expectations of a re-acceleration in corporate topline and margins will be challenged on weakening pricing and volumes.  ( 33 min )

Options volatility often declines as stocks rise. Some investors use the opportunity to buy bearish put options to hedge stocks. Others buy bullish call options to wager on gains.  ( 24 min )

The death of Berkshire Hathaway's Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend and shining the spotlight on managers who have largely operated in their shadow. Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each other for more than six decades, the last 45 years as the Omaha, Nebraska-based conglomerate's chairman and vice chairman. Munger's death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett's top advisers and sounding boards.  ( 36 min )

Some of the stocks dumped as funds do tax-loss selling can be attractive buys.  ( 25 min )

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Warren Buffett's business partner, Charlie Munger, would be a lot richer today if he hadn't sold or donated over 75% of his Berkshire Hathaway stock.  ( 35 min )

Ark Invest, led by Cathie Wood, has sold a significant number of Coinbase shares, amounting to 43,956 COIN (equivalent to $5.3 million).  ( 34 min )

Investors’ decade-old deal pays off in ‘one of the huge private equity successes’  ( 4 min )

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(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBill Ackman Bets Fed Will Cut Interest Rates as Soon as F  ( 34 min )

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Investors expect the Federal Reserve to start cutting interest rates in 2024, which has sent the dollar tumbling.  ( 35 min )

Warren Buffett's Berkshire Hathaway has accused billionaire Jimmy Haslam of promising secret payments to staff that would inflate the price Berkshire would have to pay for the Haslam family's 20% stake in truck stop operator Pilot Travel Centers. Berkshire made the accusation in partially redacted filings made public on Tuesday in a countersuit against the Haslam family in Delaware Chancery Court, where the Haslams have been suing Buffett's company over Pilot.  ( 35 min )

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(Bloomberg) -- Goldman Sachs Group Inc., which has been trying to jettison its struggling credit card business, now has a potential way out of its partnership with Apple Inc.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasury Yields Slide as Fedspeak Fuels Pivot Bets: Ma  ( 35 min )

Today's best CD rates are 6.00% from Securityplus Federal Credit Union, 5.88% from West Town Bank & Trust, and 5.80% from Seattle Bank. A 5.85% jumbo rate is also available.  ( 19 min )

Mark Cuban, who is selling his majority stake in the Mavericks, made billions of dollars with a series of business ventures, owning an NBA team, and investing in dozens of startups.  ( 21 min )

If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 26 min )

With rising interest rate,s a CD can be a good place to stash funds. Compare CD rates and terms from Santander Bank and find the best CD account for your savings goals.  ( 21 min )

With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 24 min )

Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 23 min )

Block time, in the context of cryptocurrency, is the average amount of time it takes for a new block to be added to a blockchain.  ( 23 min )

Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 21 min )

There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 27 min )

The S&P 500 fell 0.1% on Wednesday, Nov. 29, 2023, giving back early gains as enthusiasm around earnings, economic growth, and Fed policy faded in the last hour.  ( 17 min )

Las Vegas Sands said its largest shareholder, Miriam Adelson and her family, would be selling $2 billion in stock so Adelson could buy the Dallas Mavericks.  ( 18 min )

Customers are flocking to Salesforce's cloud-based offerings in anticipation of AI developments still to come.  ( 18 min )

Hormel Foods missed earnings and revenue estimates on falling demand and softness in the China market, and shares of the packaged food firm declined.  ( 17 min )

A tenancy-at-will is an open-ended property tenure that has no written lease or agreement and can be terminated at any time by either the landlord or tenant.  ( 25 min )

Shares of Cigna and Humana dropped in intraday trading Wednesday after a report that the large health insurance companies were exploring a merger.  ( 17 min )

A tax haven is a country that offers foreigners very low tax liability in a politically and economically stable environment.  ( 26 min )

Cyclical stocks are stocks with prices that are affected by macroeconomic or systematic changes in the overall economy. They rise and fall with the economy.  ( 25 min )

Understanding the Initial Coin Offerings model for startups and crypto projects as a Financial Advisor their regulation, and associated risks.  ( 29 min )

If you are interested in investing in cryptocurrency, then you need to know how to get started. Learn about the risks and potential upside.  ( 24 min )

SoFi Technologies will shut down its crypto services by Dec. 19. Existing accounts will have the choice to migrate to the Blockchain.com platform or be closed and liquidated at that time, with a few caveats.  ( 18 min )

This article explores the Federal Reserve System's 110-year journey, from its establishment on December 23, 1913, to its critical role in the U.S. economy.  ( 29 min )

Many state and local governments tax tangible personal property, such as cars and boats, in addition to real property, such as homes and land.  ( 25 min )

An altcoin is a cryptocurrency or token that is not Bitcoin (BTC). Etherum (ETH) is an altcoin. Learn about altcoins and what makes them different.  ( 28 min )

Itemizing deductions allows some taxpayers to reduce their taxable income, and thus their taxes, by more than if they used the standard deduction.  ( 26 min )

CrowdStrike Holdings exceeded earnings and revenue estimates and raised its full-year guidance as subscription revenue jumped.  ( 17 min )

U.S. equities were up for a second-straight session at midday on Wednesday, Nov. 29, 2023, boosted by strong earnings reports.  ( 17 min )

Rates on 30-year mortgages fell Tuesday, lowering the average to just a basis point above its recent 2-month low. Rates on most other loan types were down as well.  ( 19 min )

Workday shares surged after beating profit and sales estimates and raised its guidance as demand for its finance and HR software products rose.  ( 17 min )

The TCJA made some radical changes to the taxes you'll file from 2018 through 2025. Everything from deductions and credits to rates and investments have been affected.  ( 37 min )

The economy grew even faster in the third quarter than the supercharged pace that officials first estimated last month.  ( 18 min )

A Section 1256 contract is a type of investment defined by the IRC as a regulated futures contract, foreign currency contract, non-equity option, dealer equity option, or dealer securities futures contract.  ( 24 min )

A progressive tax imposes successively higher rates on taxpayers who have higher incomes. The U.S. has a progressive tax system.  ( 26 min )

Find out why the dividend yield for the S&P 500 Index remains historically low, and what dividend yields used to look like before the Internet Age.  ( 25 min )

General Motors shares jumped after reinstating its 2023 guidance, announcing a $10 billion share buyback, and boosting its dividend 33%.  ( 19 min )

Hong Kong is part of mainland China but has a capitalist economic system and is allowed its own financial, economic, legal, and judicial independence.  ( 30 min )

Many people think they may actually make less overall because they are paying more taxes.  ( 25 min )

IRS Form W-2G is a document sent to gamblers to report their winnings and the amount that was withheld for taxes at the time of the payout.  ( 29 min )

For taxpayers wondering what is a 1099 form, there are 10 critical things you need to know about 1099s and how they impact how much tax you owe.  ( 34 min )

Okta shares fell after it reported hackers stole information on users of its customer support system and Apple is reportedly looking to end its credit and savings account partnership with Goldman Sachs. Here’s what investors need to know today.  ( 19 min )

As of U.S. taxpayers use Form 1040; Forms 1040EZ and 1040A have been discontinued.  ( 23 min )

Exchange-Traded Funds (ETFs) were created to combine the best characteristics of both stocks and mutual funds into a combined investment vehicle.  ( 25 min )

The convergence of accounting standards is changing the attitudes of CPAs and CFOs toward harmonization of international accounting.  ( 29 min )

Due to their ease of use, low fees and diversification benefits, ETFs have exploded in popularity. We look at six common types of funds.  ( 24 min )

The S&P 500 fell 0.1% on Wednesday, Nov. 29, 2023, giving back early gains as enthusiasm around earnings, economic growth, and Fed policy faded in the last hour.  ( 1 min )

U.S. equities were up for a second-straight session at midday on Wednesday, Nov. 29, 2023, boosted by strong earnings reports.  ( 1 min )

Stock futures jumped in early trading Wednesday as data showed the U.S. economy grew more than expected in the third quarter amid a flurry of consumer spending and business inventory investment.  ( 1 min )

Okta shares fell after it reported hackers stole information on users of its customer support system and Apple is reportedly looking to end its credit and savings account partnership with Goldman Sachs. Here’s what investors need to know today.  ( 1 min )

Het aantal Nederlanders dat een bijstandsuitkering ontvangt, is voor het eerst in meer dan twee jaar gegroeid. Dat komt vooral doordat het aantal jongeren dat een uitkering ontvangt steeds groter wordt.  ( 8 min )

ASR trekt honderden miljoenen euro's uit voor het vergoeden van klanten met een woekerpolis. Daarover heeft de verzekeraar een overeenkomst gesloten met verschillende claimorganisaties.  ( 8 min )

De gasprijs op handelsmarkten is vandaag gedaald naar 40,25 euro per megawattuur. Sinds januari 2022, vlak voor de oorlog in Oekraïne, was de gasprijs niet zo laag. Pijnlijk is wel dat gas voor huishoudens juist duurder wordt.  ( 10 min )

Net als elders in Europa daalt de inflatie in Duitsland gestaag. Consumentenprijzen lagen in november nog 3,2 procent hoger dan in dezelfde maand vorig jaar. In oktober was dat nog 3,8 procent. Dat komt vooral door dalende energieprijzen.  ( 9 min )

Eneco gaat naast het volledig dynamische energiecontract met wisselende energieprijzen nu ook een mengvorm aanbieden. Daarbij kan de stroomprijs per uur verschillen, maar staat de gasprijs het hele jaar vast. De energieleverancier wil klanten zo meer zekerheid bieden.  ( 9 min )

De rechtbank van Rotterdam heeft dinsdag groen licht gegeven voor de geplande veiling van radiofrequenties voor 5G-netwerken. Verschillende partijen waren naar de rechter gestapt omdat ze het niet eens waren met de veilingplannen.  ( 10 min )

Eneco gaat naast het volledig dynamische energiecontract met wisselende energieprijzen nu ook een mengvorm aanbieden. Daarbij kan de stroomprijs per uur verschillen, maar staat de gasprijs het hele jaar vast. De energieleverancier wil klanten zo meer zekerheid bieden.  ( 4 min )

Asielzoekers mogen met onmiddellijke ingang het hele jaar door werken. De Raad van State deed woensdag uitspraak over de zogeheten '24 wekeneis', die asielzoekers beperkt op de arbeidsmarkt. Het demissionaire kabinet past de regels gelijk aan.  ( 9 min )

Asielzoekers mogen inderdaad langer werken dan de 24 weken die Nederland nu toestaat. De zogeheten '24 wekeneis' dwarsboomt de toegang tot de arbeidsmarkt, oordeelt de Raad van State woensdag.  ( 10 min )

Asielzoekers mogen inderdaad langer werken dan de 24 weken die Nederland nu toestaat. De zogeheten '24 wekeneis' dwarsboomt de toegang tot de arbeidsmarkt, oordeelt de Raad van State woensdag.  ( 9 min )

De Amerikaanse toezichthouder FDA waarschuwt opnieuw voor problemen met slaapapneuapparaten van Philips. Dit keer gaat het om oververhitting van de DreamStation 2. Dat apparaat viel niet onder de terugroepacties waarbij Philips sinds 2021 miljoenen defecte slaapapneuapparaten moest herstellen.  ( 9 min )

De waarde van een aandeel Philips is woensdagochtend hard omlaaggegaan. Beleggers schrikken van de nieuwe waarschuwing over zijn slaapapneuapparaten die het bedrijf kreeg van de Amerikaanse toezichthouder. Om 10.00 uur was de aandelenkoers van Philips ruim 6 procent gedaald.  ( 9 min )

De Amerikaanse toezichthouder FDA waarschuwt opnieuw voor problemen met slaapapneuapparaten van Philips. Dit keer gaat het om oververhitting van de DreamStation 2. Dat apparaat viel niet onder de terugroepacties waarbij Philips sinds 2021 miljoenen defecte slaapapneuapparaten moest herstellen.  ( 9 min )

Opnieuw waarschuwt de Amerikaanse toezichthouder FDA voor problemen met slaapapneu-apparaten van Philips. Dit keer gaat het om oververhitting van de DreamStation 2. Dat apparaat viel niet onder de terugroepacties waarbij Philips sinds 2021 miljoenen defecte slaapapneuapparaten moest herstellen omdat isolatieschuim kon loslaten.  ( 9 min )

Viaplay heeft voor de tweede keer de publicatie van zijn kwartaalcijfers op het laatste moment uitgesteld. De Zweedse streamingdienst zou zijn resultaten woensdag publiceren, maar komt pas donderdagavond met de cijfers, na het sluiten van de beurs in Stockholm.  ( 9 min )

Charlie Munger, de vicevoorzitter van beleggingsbedrijf Berkshire Hathaway, is op 99-jarige leeftijd overleden. De Amerikaan werd bekend als de rechterhand van Warren Buffett, die als oprichter van Berkshire Hathaway de reputatie van superbelegger kreeg.  ( 9 min )

De Amerikaanse vicepresident Kamala Harris gaat in plaats van president Joe Biden naar de klimaattop in Dubai. Die begint donderdag. Eerder werd al bekend dat Biden niet zou gaan, maar de reden is onbekend.  ( 8 min )

Een architect van het plan om klimaatvriendelijk staal te maken bij Tata Steel wordt "steeds pessimistischer" over de toekomst van het bedrijf. De bouw van nieuwe fabrieken laat op zich wachten terwijl er twijfels zijn over de winstgevendheid van een groene staalfabriek, vertelt hij in de NU.nl-podcast Tata's ijzeren greep.  ( 12 min )

Shares of Cigna and Humana dropped in intraday trading Wednesday after a report that the large health insurance companies were exploring a merger.  ( 1 min )

Hormel Foods missed earnings and revenue estimates on falling demand and softness in the China market, and shares of the packaged food firm declined.  ( 1 min )

Las Vegas Sands said its largest shareholder, Miriam Adelson and her family, would be selling $2 billion in stock so Adelson could buy the Dallas Mavericks.  ( 1 min )

CrowdStrike Holdings exceeded earnings and revenue estimates and raised its full-year guidance as subscription revenue jumped.  ( 1 min )

Workday shares surged after beating profit and sales estimates and raised its guidance as demand for its finance and HR software products rose.  ( 1 min )

General Motors shares jumped after reinstating its 2023 guidance, announcing a $10 billion share buyback, and boosting its dividend 33%.  ( 1 min )

Coinme is a digital currency exchange and mobile app that allows you to buy and sell cryptocurrency through ATM kiosks and MoneyGram locations.  ( 25 min )

Today's best CD rates are 6.00% from Securityplus Federal Credit Union, 5.88% from West Town Bank & Trust, and 5.80% from Seattle Bank. A jumbo rate of 5.85% is also on offer.  ( 19 min )

Learn how you can lower your adjusted gross income and reduce your taxes by making qualified charitable distributions (QCDs) directly from your IRA account.  ( 27 min )

National Retail Federation figures show that more than 200 million consumers participated in Thanksgiving weekend shopping, 18 million more than expected.  ( 18 min )

Don't try to run from the tax man. Penalties and interest charges can run your tax bill up even higher. Here are some tips that can help you out.  ( 29 min )

Amazon sold 1 billion items in just 11 days of promotional deals this November as the company announced "millions more deals" to come during the holiday season.  ( 18 min )

Charlie Munger, the long-time investment partner at Warren Buffett's Berkshire Hathaway, has passed away at the age of 99.  ( 17 min )

Synchrony Financial shares gained as the consumer financial services firm announced the sale of its pet insurance unit, Pets Best, to Poodle Holdings.  ( 18 min )

3 kinds of indexing for ETF success include the market-cap-weighted index, the equal-weighted index, and the fundamental index.  ( 29 min )

The S&P 500 rose 0.1% on Tuesday, Nov. 28, 2023, as a positive report on consumer confidence helped lift U.S. equities after Monday's declines.  ( 17 min )

I bonds bought last year paid record rates. But with the current rates much lower, it may be smart to cash out. For many I bond holders, the ideal withdrawal date is Dec. 2.  ( 20 min )

Charlie Munger was vice chair and second-in-command to Warren Buffett, the legendary investor who chairs the $355-billion conglomerate Berkshire Hathaway.  ( 27 min )

Find out how to determine when it's the right time for you to switch from mutual funds to ETFs, including the benefits of ETFs and who they are best for.  ( 25 min )

Understanding the differences between bond funds and bond ETFs can help investors choose the instrument that is best for building a diversified bond portfolio.  ( 26 min )

SpringWorks Therapeutics received FDA approval for the first and only drug to treat desmoid tumors, and shares skyrocketed.  ( 17 min )

Amazon Inc. has unveiled its next-generation AI chip hardware while supporting Nvidia's H200 microchip. A new $20-per-month Amazon Q chatbot was also announced.  ( 17 min )

If the gain is from your primary home, then you may exclude a gain of up to $250,000 for a single filer or $500,000 if you're married filing jointly from income—if you meet certain requirements.  ( 26 min )

Learn how exchange-traded funds (ETFs) distribute their dividends and the difference between qualified and non-qualified dividends.  ( 23 min )

Virtual currency is a digital representation of value in purely electronic form. It can be open or closed and centralized or decentralized.  ( 25 min )

A short-term loss capital results from the sale of an investment held for a year or less below its price adjusted for additional investment and deductions.  ( 26 min )

A thrift savings plan (TSP) is a retirement investment program open only to federal employees and members of the uniformed services.  ( 29 min )

Bank of America has been fined by federal regulators for not collecting information that’s meant to help the government combat mortgage lending discrimination.  ( 17 min )

A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and Roth. Here's how they work.  ( 34 min )

TikTok is one of the most popular video-sharing and social media apps in the world.  ( 31 min )

A long-term capital gain or loss comes from a qualifying investment that was owned for longer than 12 months before being sold.  ( 23 min )

Your Social Security is taxable if you meet specific income levels. Here are three strategies that can reduce the taxes if you're required to pay.  ( 32 min )

Angel investing and crowdfunding are two very different options startups can use to get the funding they need.  ( 26 min )

The sale of collectibles can lead to a cash windfall. However, proceeds are heavily taxed because collectibles are not considered economic drivers.  ( 26 min )

Discounting is the process of determining the present value of a payment or a stream of payments that is to be received in the future.  ( 23 min )

The Consumer Confidence Index came in better than expected at 102 in November, above the revised reading of 99.1 for the prior month.  ( 18 min )

Here’s a look at the differences between private foundations and public charities, both of which are types of charitable organizations.  ( 27 min )

What exactly is a “good” raise? Learn what the average raise percentage is worth and how to set yourself up for a good salary bump, before your next annual review.  ( 30 min )

Zscaler beat profit and sales estimates, but its expenses soared and the company kept its full-year billing guidance unchanged.  ( 17 min )

ADRs of China's PDD Holdings soared as the operator of the Temu shopping app posted a big jump in revenue.  ( 17 min )

Rates on 30-year mortgages rose a few points Monday, but the average still sits in its lowest range of the last two months. Rates on most other loan types climbed modestly.  ( 19 min )

Accrual and cash basis methods recognize revenue and expenses at different times. Here are the advantages and disadvantages of each method.  ( 25 min )

Shares of Micron Technology fell Tuesday despite improved current-quarter revenue and earnings guidance from the chipmaker that has struggled from a slowdown in chip demand in recent quarters.  ( 17 min )

Family foundations can offer welcome benefits, but they are subject to intense IRS scrutiny. Knowing the rules could help to avoid a costly tax audit.  ( 26 min )

U.S. equities advanced at midday on Tuesday, Nov. 28, 2023 after a report showed consumer confidence increased in November after falling for three consecutive months.  ( 17 min )

Fast fashion giant Shein reportedly filed confidentially for an initial public offering in the U.S., and could be ready to start trading as soon as next year.  ( 17 min )

An investor can utilize these financial ratios to determine whether a manufacturing company is efficient, profitable, and a good long-term investment option.  ( 23 min )

Personal loan rates dropped to 21.68% this week, moving down 8 basis points since last week when the average personal loan rate stood at 21.76%.  ( 19 min )

A certificate of deposit (CD) is a savings product that earns interest on a lump-sum deposit that’s untouched for a predetermined period of time.  ( 40 min )

Gift tax is a federal tax applied to gifts of money or property over a certain sum. Learn how it works, who pays, and how to avoid gift taxes.  ( 29 min )

These bankers shaped the current financial system; though some didn't live to see the fruits of their labor.  ( 25 min )

Five main categories of taxpayers are exempt from payment under our tax code.  ( 24 min )

IRS Form 1310: Statement of Person Claiming Refund Due a Deceased Taxpayer is used to request a federal tax refund on behalf of a deceased taxpayer.  ( 28 min )

An appeals court handed a victory to DuPont spinoff Corteva and 3M in a class action lawsuit and Zscaler shares fell after the cloud cybersecurity provider reported rising costs. Here’s what investors need to know today.  ( 18 min )

An overview of how Robert Herjavec became a multimillionaire.  ( 26 min )

Understand the benefits and advantages of maintaining low working capital as related to liquidity needs, capital allocation, and operational efficiency.  ( 22 min )

Money is a part of everyone's life, and we all want it. But, what is it, how does it gain value, and how was it created?  ( 29 min )

Learn why some states have high property taxes while other states have low ones, and find out more about the states with the lowest property taxes.  ( 28 min )

Real estate depreciation on rental property can lower your taxable income, but determining it can be complex. Find out how it works and can save you money at tax time.  ( 29 min )

Bitcoin's price history has been volatile. Learn about the currency's significant spikes and crashes, plus its major price influencers.  ( 26 min )

Charlie Munger was a crucial partner for Berkshire Hathaway CEO Warren Buffett.  ( 27 min )

Today's best CD rates are 6.00% from Securityplus Federal Credit Union, 5.88% from West Town Bank & Trust, and 5.80% from Seattle Bank. A jumbo rate of 5.85% is also on offer.  ( 21 min )

Apple and Goldman had started to roll out a virtual credit card in 2019. The exit would cover their entire consumer partnership, including the savings account rolled out this year, the report added.  ( 34 min )

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The chief executive of the world's most valuable company has no plan to retire just yet but he does have a succession plan in the works.  ( 35 min )

(Bloomberg) -- A Deutsche Bank AG executive gave testimony that could bolster Donald Trump’s defense in his civil fraud trial, telling a New York judge that prospective clients can get loans even after reporting a net worth far higher than the lender’s own calculations.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBill Ackman Bets Fed W  ( 37 min )

Has Boeing (NYSE:BA) stock switched from a toxic asset to a terrific investment? We might be witnessing Boeing’s long-term turnaround in 2023’s final months, and I am bullish on BA stock in light of a Wall Street expert’s upgrade. Boeing is an American aerospace and defense giant, and BA stock was once considered a safe defensive investment. For much of this year, however, the market focused on the “Magnificent Seven” technology stocks and left Boeing behind. Yet, as we’ll see, analysts are most  ( 35 min )

Known to be Warren Buffett's longtime investing partner, Munger left quite the mark on the wholesale retail giant Costco.  ( 36 min )

On an adjusted basis, the "edge-to-cloud" firm earned 52 cents per share, beating analysts' average estimate of 50 cents, according to LSEG data. Still, sticky inflation and higher-for-longer interest rates have forced companies to cut back on IT spending, hurting firms like HPE. HPE expects revenue in the first quarter of fiscal 2024 to be in the range of $6.90 billion to $7.30 billion, the mid point of which is below estimates of $7.28 billion.  ( 34 min )

Videogame software provider Unity Software will eliminate 265 jobs or 3.8% of its global workforce and end an agreement with a digital video effects company founded by the "Lord of the Rings" director as part of a "reset," the company said on Tuesday. The move follows a tumultuous period for the San Francisco-based company, which makes a software toolkit used by many videogame developers including the maker of the popular "Pokemon Go" mobile game. In October, Unity CEO John Riccitiello retired, and the company appointed former IBM president Jim Whitehurst as interim CEO and president and Sequoia Capital partner Roelof Botha as board chairman.  ( 34 min )

I bonds bought last year paid record rates. But with the current rates much lower, it may be smart to cash out. For many I bond holders, the ideal withdrawal date is Dec. 2.  ( 22 min )

Here are some of the Oracle of Omaha’s comments through the years on his longtime investing partner, who died Tuesday at 99.  ( 26 min )

(Bloomberg) -- Miriam Adelson, the widow of casino magnate Sheldon Adelson, is selling $2 billion of stock in Las Vegas Sands Corp. so the family can acquire a majority stake in an unidentified professional sports team.Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasury Yields Slide as Fedspeak Fuels Pivot Bets: Markets WrapMilei’s  ( 34 min )

(Bloomberg) -- If the US Treasury had tried to act tactically, like a company, to lock in low long-term borrowing costs during the pandemic, it would have damaged bond markets and the dollar, a former Treasury official wrote in a blog post. Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasury Yields Slide as Fedspeak Fuels Pivot Bet  ( 34 min )

“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” CEO Warren Buffett said of Charlie Munger.  ( 37 min )

HP Enterprises is benefiting from its high-performance-computing and AI segment.  ( 24 min )

The "Magnificent Seven" has been, well, magnificent. But investor beware: As one analyst points out: “No stock outperforms forever.”  ( 37 min )

The "Magnificent 7" has been, well, magnificent. But investor beware: as one analyst points out: “No stock outperforms forever.”  ( 37 min )

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Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, said longtime vice chairman Charlie Munger died peacefully on Tuesday morning at a California hospital. He was 99  ( 32 min )

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(Bloomberg) -- Options in GameStop Corp. are seeing wild volume as traders bet that the stock will rally 50% in little over a week.Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresHamas Releases 12 Hostages Despite Claims of Truce ViolationsSwap Traders Boost Rate-Cut Wagers After Fedspeak: Markets WrapIndia to Add $5 Billion Aircraft Carrier to Fleet to Counter ChinaA Dec. 8 $20 call option chang  ( 34 min )

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(Bloomberg) -- Oil rose as OPEC+ members continued negotiations over output levels and a Federal Reserve official signaled the central bank’s rate-hiking campaign may be complete.Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresIsrael and Hamas Trade Blame Amid Claims of Truce ViolationsUS Yields Fall as Waller’s Remarks Fuel Pivot Bets: Markets WrapSingapore High Court Grants Injunction Against P  ( 34 min )

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A stock sale "will shine a spotlight on the business model and financials" of the fast-fashion giant about which little is known, said one analyst.  ( 35 min )

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U.S. Steel said in August that it was evaluating strategic options that could include a sale of the business.  ( 21 min )

In the context of today’s economic challenges, such as high interest rates, supply issues and elevated home prices, the wisdom shared by Berkshire Hathaway Inc. CEO Warren Buffett at the company's 1998 annual shareholders meeting remains relevant. A question from audience member Nelson Errata about the timing and strategy for buying a house elicited a response that provides valuable insight into investment and personal finance decisions. Buffett shared a personal anecdote about a critical decisi  ( 36 min )

Renowned investor Berkshire Hathaway Inc. CEO Warren Buffett is known for his practical investment advice. Yet, his response to a job inquiry, detailed in a recount by an Inc. reporter, showcases a different side of his wisdom. During a talk at a business school, Buffett, instead of delving into investment strategies, shared an anecdote. A young man, eager for entrepreneurship experience, sought employment at Buffett’s firm in Omaha, Nebraska. The young aspirant believed that working at Berkshir  ( 35 min )

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Putting away $4 million for retirement is a great accomplishment. However, you're likely wondering how much interest $4 million earns per year. Predicting how much interest your nest egg earns will help you decide if it's enough to support your … Continue reading → The post How Much Interest Does $4 Million Earn Per Year? appeared first on SmartAsset Blog.  ( 37 min )

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Car buyers looking for another way to buy a Rivian truck or SUV have another option: leasing.  ( 23 min )

In the rapidly evolving landscape of electric vehicle (EV) technology, a new player is emerging as a formidable challenger to Tesla Inc.’s dominance. QuantumScape, a Silicon Valley-based startup, is revolutionizing the EV battery market with its cutting-edge solid-state batteries. The batteries are touted to have triple the energy density of Tesla’s lithium-ion cells, significantly faster charging times and a safer, more sustainable design. QuantumScape’s leap into the future is marked by its in  ( 35 min )

When investing in the stock market, a history of strong returns should be high on your priority list. Combine this with a positive outlook on the future, and you may have a winner to add to your portfolio. Amgen Inc., an American multinational biopharmaceutical company, fits this mold. The company has a 10-year annualized total return of 13.69% through the end of 2022. And if that's not enough to pique your interest, consider this: It pays out billions of dollars in dividends to investors every  ( 35 min )

Even if mortgage rates come down, today’s high home prices don’t seem sustainable.  ( 28 min )

Piper Sandler analysts downgraded shares of e-commerce platform Shopify to Underweight from Neutral.  ( 20 min )

Oppenheimer analyst Chris Kotowski updated shares of Citigroup, Inc (NYSE:C) to a Maintains rating and set the price target from $82 to $85. While Citigroup anticipates full-year 2023 adjusted revenue to range between $78 billion and $79 billion, Kotowski believes that the potential to shrink the share count is enormous, paving the way for patient shareholders to reap rewards. In addition to solid performance, Citigroup’s healthy dividend yield of 4.6% provides an opportunity for income-focused  ( 35 min )

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A key Federal Reserve official said Tuesday that he is “increasingly confident” that the Fed's interest rate policies will succeed in bringing inflation back to the central bank's 2% target level. The official, Christopher Waller, a member of the Fed's Board of Governors, cautioned that inflation is still too high and that it's not yet certain if a recent slowdown in price increases can be sustained. “I am increasingly confident that policy is currently well-positioned to slow the economy and get inflation back to 2%,” Waller said in a speech at the American Enterprise Institute, a Washington think tank.  ( 33 min )

AT&T Inc (NYSE:T), once a darling for blue-chip investors, is currently around $16, $3 above the 52-week low. Despite the telecom giant’s beleaguered stock price, there may be an opportunity for investors to capitalize on both potential capital appreciation and its dividends. This summer, AT&T CFO Pascal Desroches reassured investors about the company’s financial health at the Bank of America Corp (NYSE:BAC) C-Suite Technology, Media and Telecommunications Conference. Desroches reiterated AT&T’s  ( 35 min )

Boeing upgraded, Shopify downgraded: Wall Street's top analyst calls  ( 36 min )

Nvidia stock has lost some momentum after the company's stellar earnings. The pause in the stock's push higher shouldn't last for long, according to analysts at Melius Research.  ( 23 min )

Investors are weighing whether a pullback is coming after a surge put stocks on course for their best month in over a year.  ( 35 min )

Discount-focused online retailer PDD may be a beneficiary of China's economic slowdown.  ( 20 min )

While many stocks have struggled in the past couple of years, shares of some of the U.S.’s best businesses have kept chugging higher.  ( 29 min )

A few energy names could see stellar growth next year, assuming commodity prices stay strong.  ( 26 min )

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Bristol Myers has agreed to pay Avidity $60 million in cash and will also purchase about $40 million of Avidity common stock at $7.88 a share.  ( 20 min )

RBC analyst Ken Herbert upgrades Boeing stock to the equivalent of Buy from Hold and boosts his price target to $275 a share from $200.  ( 23 min )

Gold prices are back at near-record highs. Why? Futures for the precious metal have shot up 8% so far this quarter, with gold now fetching  ( 22 min )

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Managing your 401(k) in retirement every bit as important as managing it up to that point. There are plenty of reasons for this but the big one is, you're going to need this money for a long time. With good health and good luck, you could spend almost as much time in retirement as you […] The post What Should I Do With My 401(k) Once I Retire? appeared first on SmartReads by SmartAsset.  ( 35 min )

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Discount-focused online retailer PDD may be a beneficiary of China's economic slowdown.  ( 20 min )

(Bloomberg) -- European stocks fell for a second day and US futures pointed to a weaker open on Wall Street amid signs the November rally in equities is overstretched. Most Read from BloombergBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeSingapore High Court Grants Injunction Against PM Lee’s BrotherMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorIsrael, Hamas Extend Gaza Truce as 11 More Hostages Are Fre  ( 36 min )

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Canada's Bank of Nova Scotia reported a drop in fourth-quarter profit on Tuesday, as a murky economic climate prompted the lender to set aside bigger funds for potential loan defaults. Lenders have been bracing for a surge in loan defaults as effects of the central bank's monetary policy tightening flow through and the economy flirts with a recession. Scotiabank responded by increasing its provision for credit losses to C$1.26 billion from C$529 million a year earlier.  ( 34 min )

(Bloomberg) -- Bank of Nova Scotia missed fiscal fourth-quarter profit estimates as the company set aside more money than expected for potentially souring loans.Most Read from BloombergBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresSingapore High Court Grants Injunction Against PM Lee’s BrotherRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorIsrael, Hamas Extend Gaza Truce as 11 More Hostages Are FreedProvi  ( 35 min )

The criminal convictions of Sam Bankman-Fried and the Binance gang just mark the beginning of the U.S. government's drive to expose crypto as a tool for fraud and money-laundering. Yet some politicians are still trying to polish its reputation.  ( 39 min )

The world’s largest owner of commercial real estate is eyeing deals across Europe as interest rates stay high.  ( 36 min )

These companies are poised to ride the AI boom and protect investors from the impact of higher interest rates.  ( 44 min )

Zscaler shares fall after the cybersecurity company's fiscal-year forecast for calculated billings disappoints, and Boeing stock is upgraded. CrowdStrike, Intuit, and Workday are among companies scheduled to report quarterly earnings Tuesday.  ( 21 min )

There’s just over a month left of 2023, which makes this a good time to figure out what lies in store for investors in 2024. Fortunately, we don’t have to rely on ourselves for this, as the equity strategy team at Morgan Stanley is on the job. The team, led by chief investment officer Mike Wilson, agrees that there are clouds on the horizon over the near-term namely because earnings forecasts are down, economic data is weaker, and the recent stock market rally seems limited in scope with essenti  ( 39 min )

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Rolls-Royce said it expected to deliver £400-500 million in cost savings in the mid-term, paving the way to restore capital returns, as it set out its financial targets through 2027.  ( 26 min )

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As the U.S. economy slows, Wolfe Research expects more defensive strategies to outperform.  ( 25 min )

A few energy names could see stellar growth next year, assuming commodity prices stay strong.  ( 26 min )

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Beijing’s green lights for Broadcom and Mastercard are seen as isolated successes tied to politics.  ( 30 min )

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A new renewable hydrogen technology, which uses recycled aluminum and water, signals major progress in the $11-trillion hydrogen market.  ( 44 min )

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(Bloomberg) -- In Courtroom No. 29, a gray, musty cubbyhole of a space wedged into the heart of Hong Kong’s tony banking district, Judge Linda Chan presides over China’s great financial reckoning.Most Read from BloombergBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasuries Extend Blockbuster Rally on Fed Wagers: Markets WrapRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeSingapore High Court Grants Injunction Against PM Lee’s BrotherMusk, Netanyahu Visit Massa  ( 39 min )

Charlie Munger, the long-time investment partner at Warren Buffett's Berkshire Hathaway, has passed away at the age of 99.  ( 1 min )

Amazon sold 1 billion items in just 11 days of promotional deals this November as the company announced "millions more deals" to come during the holiday season.  ( 1 min )

Synchrony Financial shares gained as the consumer financial services firm announced the sale of its pet insurance unit, Pets Best, to Poodle Holdings.  ( 1 min )

Amazon Inc. has unveiled its next-generation AI chip hardware while supporting Nvidia's H200 microchip. A new $20-per-month Amazon Q chatbot was also announced.  ( 1 min )

SpringWorks Therapeutics received FDA approval for the first and only drug to treat desmoid tumors, and shares skyrocketed.  ( 1 min )

Shares of Micron Technology fell Tuesday despite improved current-quarter revenue and earnings guidance from the chipmaker that has struggled from a slowdown in chip demand in recent quarters.  ( 1 min )

ADRs of China's PDD Holdings soared as the operator of the Temu shopping app posted a big jump in revenue.  ( 1 min )

Fast fashion giant Shein reportedly filed confidentially for an initial public offering in the U.S., and could be ready to start trading as soon as next year.  ( 1 min )

The S&P 500 rose 0.1% on Tuesday, Nov. 28, 2023, as a positive report on consumer confidence helped lift U.S. equities after Monday's declines.  ( 1 min )

U.S. equities advanced at midday on Tuesday, Nov. 28, 2023 after a report showed consumer confidence increased in November after falling for three consecutive months.  ( 1 min )

Stock futures retreated in premarket trading Tuesday as markets hit pause on the rally that's made November the best month for stocks all year.  ( 1 min )

An appeals court handed a victory to DuPont spinoff Corteva and 3M in a class action lawsuit and Zscaler shares fell after the cloud cybersecurity provider reported rising costs. Here’s what investors need to know today.  ( 1 min )

In geen enkele bedrijfstak zijn zoveel mensen lid van een vakbond als bij de politie en brandweer. Twee op de drie brandblussers en agenten hebben zich aangesloten bij een bond. Bij bus- en trambestuurders gaat het om bijna de helft (49 procent).  ( 8 min )

Opnieuw waarschuwt de Amerikaanse toezichthouder FDA voor problemen met slaapapneu-apparaten van Philips. Dit keer gaat het om oververhitting van de DreamStation 2. Dat apparaat viel niet onder de terugroepacties waarbij Philips sinds 2021 miljoenen defecte slaapapneuapparaten moest herstellen omdat isolatieschuim kon loslaten.  ( 9 min )

De prijs voor cacao heeft het hoogste niveau sinds 1977 bereikt. Het belangrijke ingrediënt voor chocolade is duurder geworden doordat slechte weersomstandigheden de oogst in Ivoorkust en Ghana dwarszitten.  ( 9 min )

De komst van de eerste Airbus van Transavia heeft vertraging opgelopen. De luchtvaartmaatschappij meldt dat het nieuwe toestel door een nog onbekende oorzaak beschadigd is geraakt. Transavia zou de Airbus A321neo, die al gereed was voor gebruik, begin december ophalen uit Hamburg.  ( 8 min )

Pakketbezorgers van DHL brachten vandaag ruim 2 miljoen pakketjes naar consumenten, een nieuw dagrecord. Het vorige record stond op de dinsdag na Black Friday vorig jaar, toen 1,6 miljoen pakketten aan huis werden bezorgd.  ( 8 min )

Fysieke winkels profiteerden in de afgelopen dagen maar beperkt van de koophype rond Black Friday. Maar online kochten consumenten wel veel meer dan in 2022. Dat komt doordat er ook meer kortingsacties worden aangeboden.  ( 9 min )

Minder dan 2 procent van het Nederlandse spaargeld staat op een buitenlandse rekening, meldt De Nederlandsche Bank (DNB). Dit ondanks de hogere rentes die sommige buitenlandse banken geven op spaartegoeden.  ( 10 min )

Europol heeft in Oekraïne meerdere cybercriminelen aangehouden die verdacht worden van wereldwijde aanvallen met gijzelsoftware. De cyberaanvallen veroorzaakten wereldwijd voor honderden miljoenen euro's aan schade.  ( 8 min )

De Nederlandse bank FMO heeft een nieuw investeringsfonds van omgerekend zo'n miljard euro opgericht. Met dit fonds kunnen klimaatprojecten en ongelijkheidsbestrijding in ontwikkelingslanden worden gefinancierd.  ( 8 min )

De budgetvliegmaatschappij easyJet heeft in het afgelopen jaar forse winsten geboekt. Het Britse bedrijf profiteerde volop van de grote vraag naar vliegreizen in Europa.  ( 8 min )

De Europese Commissie is bang dat de overname van stofzuigermerk iRobot door Amazon slecht is voor de concurrentie. De concurrentiewaakhond wil dat de bedrijven met oplossingen komen, anders wordt de overname geblokkeerd.  ( 8 min )

De meeste 'kritieke grondstoffen' die we in Nederland gebruiken komen uit China, blijkt uit nieuwe cijfers van statistiekbureau CBS. Die grondstoffen worden gebruikt om zonnepanelen, laptops en telefoons te maken.  ( 8 min )

PME verhoogt begin volgend jaar de pensioenen van 170.000 ex-medewerkers van onder meer autobouwers en elektrotechnische bedrijven. De uitkeringen gaan met 3,26 procent omhoog, maakt het fonds dinsdag bekend.  ( 9 min )

PME verhoogt begin volgend jaar de pensioenen van 170.000 ex-medewerkers van onder meer autobouwers en elektrotechnische bedrijven. De uitkeringen gaan met 3,26 procent omhoog, maakt het fonds dinsdag bekend.  ( 9 min )

A U.S. appeals court on Monday handed 3M, Corteva Inc subsidiary E.I. du Pont de Nemours and Co and other manufactures of toxic so-called "forever chemicals" a big win in their fight against legal liability for the substances, rejecting a lower court's ruling that would have allowed about 11.8 million Ohio residents to sue the companies as a group. The Cincinnati, Ohio-based 6th U.S. Circuit Court of Appeals vacated a lower court's approval of the massive class action, which included virtually every resident of Ohio and put considerable legal pressure on the chemical manufacturers to settle the plaintiffs' claims. The court found that lead plaintiff Kevin Hardwick filed too broad a complaint against the manufacturers, and had not shown per- and polyfluoroalkyl substances, or PFAS, found in his body could be traced directly to defendants such as units of 3M, DuPont and others.  ( 34 min )

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Shares of Zscaler fell more than 6% in after-hours trading as the cloud security company's operating expenses for the first quarter jumped by about 24% to $431.4 million. A push towards cyber security and drastic developments in artificial intelligence across industries employing vast, vulnerable data have led to increased costs for firms like Zscaler, as they rush to develop new offerings. "In order to meet this growing need, we are scaling our go-to-market and R&D organizations," Zscaler Chief Executive Jay Chaudhary said in a statement.  ( 34 min )

When considering purchasing dividend stocks, investors often look at an issue's total return over time. But the total return is not just about the price today versus the price an investor originally paid for the shares. Total return includes any share price appreciation plus the dividends received and the return may differ, depending on whether the investor collects or reinvests the dividends. It should also be noted that dividends paid often vary over time. Many investors focus on dividend yiel  ( 36 min )

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The Federal Reserve will need nearly four more years to cover a historic operating loss and start sending profits again to the U.S. Treasury, according to new research from the Federal Reserve Bank of St. Louis. The losses are a product of the Fed’s rate rise cycle which saw the central bank sharply increase its interest rate target while at the same time shrinking the size of its balance sheet, both of which are being done to make monetary policy tight enough to cool high levels of inflation. The pincer movement of these two policy actions drove the Fed to start losing money in September 2022.  ( 34 min )

Amazon shares rose after announcing an expanded partnership with Salesforce and a report Amazon surpassed FedEx and UPS to become the biggest U.S. package delivery firm.  ( 19 min )

Last week, Nvidia Corporation (NASDAQ: NVDA) reported staggering third-quarter results. Despite its reliance on Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), Nvidia’s Data Center division drove this impressive growth, allowing the company to outshine its competitors, including TSMC, as well as Intel (NASDAQ: INTC), and Advanced Micro Devices, Inc. (NASDAQ: AMD). But, shares slumped upon news that Nvidia is delaying the launch of its new AI chip for China, touted as the most pow  ( 35 min )

Electric-vehicle start-up Fisker saw two chief accounting officers depart as it filed third-quarter earnings and regulatory forms late.  ( 24 min )

Shares of Pfizer Inc. are hovering around $30 as investors adjust to the company's pursuit of a candidate for a weight loss pill, marking its entry into the competitive obesity drug market. The Street responded critically. JPMorgan Chase & Co analysts called the news a setback for the company. Lotiglipron — the disregarded candidate — was expected to be the stronger contender. Meanwhile, SVB Securities labeled the decision "incrementally negative," according to Yahoo! Finance. Still, Pfizer is p  ( 35 min )

The SPDR S&P 500 ETF Trust (NYSE:SPY) has a 52-week high of $459.44 and a 52-week low of $374.77. The ongoing exit from bear to bull market offers a chance for investors to reassess their investment strategies, one of which could be taking advantage of dividend yields. That’s where SPY, the S&P 500 ETF, comes into play. Don’t Miss: Jeff Bezos called the meteoric success of this real estate investing strategy early on. He bet millions on the growth of fractional investing, and you can get in on t  ( 35 min )

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Spencer Rascoff, the renowned co-founder and former CEO of Zillow, and the entrepreneurial force behind Pacaso, has surprisingly limited involvement with investing in real estate. Despite his pivotal role in revolutionizing the online real estate space, Rascoff's personal investment in the sector is notably minimal. During a recent fireside chat, Ryan Frazier, Co-Founder and CEO of Arrived, inquired about Rascoff's foray into real estate investments. Rascoff’s response was candid: apart from own  ( 35 min )

The option, which has been made available in states including California, New York, Florida and Texas, comes days ahead of the launch of Tesla's Cybertruck which competes with the R1T. The $7,500 federal tax credit for electric vehicle purchases also applies to customers who prefer to lease, boosting demand.  ( 33 min )

Meta's Facebook lost the latest round of a court battle over privacy with the U.S. Federal Trade Commission on Monday after a federal judge ruled the regulator can seek to reduce the amount of money the social media company makes from users under 18. The judge ruled that Facebook must face a review of an earlier agreement that it struck with the FTC. Judge Timothy Kelly of the U.S. District Court for the District of Columbia denied a motion filed by Meta for the court to take over the fight.  ( 34 min )

Cyber Monday is delivering a deal for CD shoppers, with a freshly unveiled 6% offer you can only snatch up today. It's available to anyone nationwide for a 12-month term.  ( 18 min )

Gold is showing additional proof of a rally towards all-time highs, one strategist says.  ( 35 min )

Amazon founder Jeff Bezos keeps lowering his stake. Shares of the retailer and cloud company have outperformed the S&P 500 in the last 20 years plus.  ( 27 min )

When most people think of Jeff Bezos, they think of Amazon.com Inc. and its origin story: starting in a garage with a loan from his parents. But there’s another, lesser-known part of Bezos’s journey. Before Amazon took off, Bezos made a smart investment that could have made him a billionaire outside of Amazon. In 1998, four years after launching Amazon, Bezos invested in a small search engine startup operating out of a garage in Menlo Park, California. This startup, nurtured by the genius of Lar  ( 36 min )

The Kraft Heinz board of directors has approved up to $3 billion in a share repurchase program, the maker of ketchup and mac and cheese announced Monday.  ( 34 min )

In this piece, I evaluated two chipmaker stocks, NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), using TipRanks’ comparison tool to determine which is better. A deeper analysis suggests a bullish view for NVIDIA and a bearish view for AMD. NVIDIA develops graphics processing units (GPUs) semiconductors for artificial intelligence (AI), gaming, creative design, robotics, and autonomous vehicles. Meanwhile, AMD designs processors and related technologies for AI, data centers, gaming,  ( 36 min )

Contrary to popular belief, the world’s most profitable company in 2023 is not a tech giant like Apple Inc. or Alphabet Inc.'s Google but oil giant Saudi Aramco. Last year, Saudi Aramco reported a net income of $161.1 billion, marking its highest annual profit as a listed company​​. This immense profitability is built on a foundation of $592 billion in oil and petrochemicals sales, a significant increase from $400 billion in sales the previous year​​. Fortune recognized Saudi Aramco as the most  ( 36 min )

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Bill Gates, the seventh richest person in the world, has a well-documented affinity for dividend income. This investment preference is clearly reflected in the staggering $464.5 million he earns annually from his portfolio. Gates’s investment strategy, rooted in picking companies with strong dividend yields, showcases his commitment to steady, long-term income streams. The Bill & Melinda Gates Foundation Trust's most recent 13F filing reveals that a significant portion of this income is generate  ( 34 min )

(Bloomberg) -- Bayer AG hired several teams of bankers for a strategy simulation game that studied various breakup scenarios, according to people familiar with the matter. Their conclusion: Sweeping changes to the troubled German conglomerate won’t be easy.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorS&P 500 Wavers After Big Rally as  ( 35 min )

My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our late 70s, I’m trying to decide […] The post Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We’re in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies? appeared first on SmartReads by SmartA  ( 35 min )

Rates on 30-year mortgages fell another few points Wednesday, dropping the average to within a few points of its two-month low. Rates on most loan types dipped or were flat.  ( 22 min )

(Bloomberg) -- Saudi Arabia is asking others in the OPEC+ coalition to reduce their oil-output quotas in a bid to shore up global markets but some members are resisting, delegates said.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorSodium in Batteries: Shift May Herald Another ShakeupChina Says Multiple Pathogens Are Behind Spike in Re  ( 35 min )

We’ll explain how much money you should have saved by 40, including average net worth, how much you need in your 401(k), and how to prioritize retirement savings.  ( 37 min )

“Building a company offshore, skirting regulation, it's just not going to work,” Armstrong said in an interview with CNBC in London.  ( 34 min )

Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability, but the housing segment remains supported by a persistent shortage of previously owned properties on the market. New home sales dropped 5.6% to a seasonally adjusted annual rate of 679,000 units last month, the Commerce Department said on Monday. Economists polled by Reuters had forecast new home sales, which account for a small share of U.S. home sales, would fall to a rate of 723,000 units.  ( 33 min )

If you earn income that doesn’t have taxes automatically withheld, such as income from investments or self-employment, you may need to pay estimated taxes. Estimated taxes are pay-as-you-go tax payments individuals make throughout the year, typically quarterly, to cover their expected tax liability. The quarterly payment approach can help avoid underpayment penalties. However, instead of […] The post How Can Estimated Taxes Be Paid? appeared first on SmartReads by SmartAsset.  ( 35 min )

Elon Musk is slated to meet with Israeli President Yitzhak Herzog on Monday.  ( 24 min )

(Bloomberg) -- President-elect Javier Milei plans to call congress into an extraordinary session and send a large package of reforms to stabilize Argentina’s economy on Dec. 11, the day after his inauguration.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorSodium in Batteries: Shift May Herald Another ShakeupChina Says Multiple Pathogen  ( 35 min )

Oil prices were down early Monday as members of the Organization of the Petroleum Exporting Countries (OPCE) prepared to meet later this week.  ( 20 min )

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(Bloomberg) -- The Federal Reserve’s preferred underlying inflation measure will be slower to recede, which should keep interest rates higher for longer, according to Bloomberg’s latest survey of economists.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorSodium in Batteries: Shift May Herald Another ShakeupChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesBillions Wiped Out as S  ( 34 min )

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Activist investor Elliott Investment Management is seeking new executive and board changes at Crown Castle in a letter released on Monday, after disclosing a $2 billion stake in the real estate investment trust. Shares of Crown Castle were up more than 5% premarket. "Crown Castle suffers from a profound lack of oversight by the Board, which has contributed to its irresponsible stewardship and flawed financial policy," Elliott said in the letter.  ( 34 min )

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Citi sees multiple reasons for caution, including the retailer's relationship with Nike, after Foot Locker stock passed analysts' price targets.  ( 23 min )

Tesla has filed a lawsuit against the Swedish Transport Agency as striking workers in the Scandinavian country halted the delivery of license plates of new vehicles manufactured by the Texas-based automaker, reported Sweden’s Dagens Industri on Monday. Mikael Andersson, a press spokesman for the agency, told local broadcaster SVT that the lawsuit was filed early morning “so we have not seen it yet.” Leading business paper Dagens Industri reported that Tesla — which is non-unionized globally — was suing the government agency because not accessing the registration plates “constitutes an unlawful discriminatory attack directed at Tesla.”  ( 35 min )

Stocks are on track to book their best month in over a year, as upbeat investors keep rally hopes alive.  ( 35 min )

Stocks are on track to book their best month in over a year, as upbeat investors keep rally hopes alive.  ( 35 min )

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I’ve had a financial advisor, who is a certified financial planner (CFP), since December of last year. I really find his advice super valuable, but I can't seem to get over the fact that he sold all of my Nvidia stock when he took over as my CFP. I had bought $20,000 worth of Nvidia […] The post Ask an Advisor: My Advisor Sold My Nvidia Stock When I Hired Him, Costing Me $50k in Potential Profits. How Do I Deal With It? appeared first on SmartReads by SmartAsset.  ( 38 min )

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The end of zero-rate policy in Japan seems like a risk to American bonds. In fact, they may already have passed the test.  ( 28 min )

Wall Street ended the Thanksgiving week on a positive note, with the major indexes notching up their fourth consecutive week of gains on growing optimism that the Federal Reserve was likely done hiking interest rates. In the US, the investors will look out for the "Beige Book", the Fed's compendium of reports about the economy, on Wednesday. The personal consumption expenditure index data for October - the Fed's preferred inflation gauge - is slated to be released on Thursday.  ( 34 min )

Tesla has filed a lawsuit against the Swedish government's Transport Agency over a workers' strike that has blocked the U.S. auto maker's requests for license plates for new vehicles, business daily Dagens Industri reported on Monday. IF Metall, Sweden's biggest manufacturing union, is locked in a fight with Tesla to get a collective bargaining agreement for its mechanics in Sweden. Metall put the mechanics on strike on Oct. 27, refusing to service Tesla's cars.  ( 34 min )

Representatives of Volkswagen's management announced staff reductions to IG Metall union representatives in Wolfsburg on Monday, according to a report by Spiegel magazine. "The situation is very critical," VW brand chief Thomas Schaefer was quoted as saying by Spiegel, according to participants. At the same meeting, the company's works council leader, Daniela Cavallo, stressed there should be "no departure from our collective agreements and job security until 2029," Spiegel said.  ( 33 min )

With markets on a roll in recent months, a new Yahoo Finance/Ipsos poll reveals big appetite for the gift of stocks or other investments.  ( 35 min )

(Bloomberg) -- Reeling from a bear market last year, beaten-up investors decided to send more than $60 billion to exchange-traded funds focusing on dividends.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMusk Tours Massacre Site With Netanyahu Amid Antisemitism FurorElev  ( 36 min )

OpenAI employees may not like the board’s retort that allowing the company to be destroyed would be consistent with the mission–but they saw it this way.  ( 38 min )

🔎 Crown Castle (CCI): Activist Elliott Investment Management plans to push for change at the owner of wireless towers after amassing a stake of more than $2 billion, [The Wall Street Journal reported](https://www.wsj.com/business/telecom/elliott-ren  ( 23 min )

Amazon is eclipsing both carriers in the number of packages it brings to U.S. homes, and the gap is growing.  ( 26 min )

Crown Castle stock rises after a report says the owner of wireless towers is the target of renewed activist attention.  ( 23 min )

The Biden administration has announced a huge plan to tackle issues plaguing the U.S. supply chain that covers several cross-government partnerships. The post Biden administration announces massive logistics plan appeared first on FreightWaves.  ( 36 min )

The Organization of the Petroleum Exporting Countries (OPEC) delayed a meeting amid talk that some countries want higher crude oil output quotas.  ( 19 min )

Strategists at Deutsche Bank expect the index to end 2024 at 5,100 points. The S&P 500 is up close to 19% so far this year. They expect profits for the index companies to rise by 19% next year if U.S. gross domestic product grows by 2%.  ( 34 min )

Investing.com -- U.S. futures edged lower Monday, as investors took profits given the strong gains this month to date ahead of the release of more important inflation data this week.  ( 35 min )

(Bloomberg) -- China’s world-beating solar sector will start seeing smaller equipment makers being forced out next year as prices keep falling, according to one of the leading manufacturers. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMalaysia to Allow Visa-Free Entry  ( 35 min )

One of Russia's most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in currency other than dollars, with no short-term solution in sight. For decades, the U.S. dollar has been the currency of international oil trade and efforts to find alternatives have been thwarted by the difficulties of conversion, as well as political obstacles. The problems flared when India - which has become Russia's biggest buyer of seaborne oil since European customers retreated - insisted in July on paying in rupees and the trading activity nearly fell apart, according to three sources familiar with the matter.  ( 35 min )

Cash conditions in China's money market showed signs of tightness on Monday, as market participants grew cautious about month-end demand and a recent liquidity squeeze remained fresh in memory. Despite fresh liquidity injections by the central bank to calm the market, traders and analysts said borrowing costs for the funds that could help financial institutions, especially non-banks, to tide over the critical month-end period remained high. The price of the benchmark seven-day repos traded in the interbank market, hit a high of 2.8% on Monday, the highest level since Oct. 31.  ( 33 min )

(Bloomberg) -- A five-month rally in MediaTek Inc. looks set to extend as booming demand for smartphones and a promising new AI chip brighten the outlook.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMalaysia to Allow Visa-Free Entry to Chinese, Indian CitizensThe Taiwan  ( 36 min )

While Teva's focus in recent years has been on stabilizing revenue and EBITDA, analysts expect future attention to turn toward Teva's attractive brand assets. This shift could allow investors to benefit from accelerated product launches and reduced pipeline risks.  ( 35 min )

(Bloomberg) -- As China’s embattled shadow banking giant Zhongzhi Enterprise Group Co. faces a criminal probe, lawyers and analysts are assessing the damage to investors. One estimate puts that at about $56 billion.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMalaysia t  ( 34 min )

Sumitomo Mitsui Financial Group said Jun Ohta, its director president and group chief executive, has died at the age of 65.  ( 25 min )

U.S. stocks will likely continue to see gains in 2024, some market watchers say. Investors would have big tech stocks to thank, again.  ( 27 min )

Jim Cramer, the host of CNBC's Mad Money, has reversed his opinion on Bitcoin and is now urging investors to reconsider their positions.  ( 33 min )

Treasury yields are a few basis points higher, but that hasn't helped the dollar which lost ground to a broadly firmer yen. China's central bank announced it would encourage financial institutions to support private companies, including with a greater tolerance for non-performing loans. The market didn't seem impressed and China's blue chips are down around 1.2%.  ( 35 min )

European Central Bank (ECB) President Christine Lagarde, a prominent critic of cryptocurrencies, recently disclosed that her own family experienced the unpredictable nature of digital assets.  ( 33 min )

MicroStrategy, the enterprise business firm well-known for its optimistic stance on Bitcoin, witnessed a surge in its stock price, surpassing $500 on last friday.  ( 34 min )

SHANGHAI/BEIJING (Reuters) -The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a market rally, three people familiar with the matter said. A "major shareholder" is one with a stake of 5% or more, and to sell shares in a company they own, they need to make a public filing with the relevant stock exchange, according to rules for the country's bourses. The Beijing exchange has been rejecting those filings, said the people who were not authorised to speak to media and declined to be identified.  ( 33 min )

Gold prices climbed a six-month peak on Monday, supported by a weaker U.S. dollar and on bets that the U.S. Federal Reserve is done with its interest rate hike cycle, while the focus shifted to U.S. inflation data due later this week. Spot gold was up 0.4% at $2,009.69 per ounce by 0404 GMT. "What's moving gold at the moment is the lower U.S. dollar because of the recent soft data," said Kyle Rodda, a financial market analyst at Capital.com.  ( 34 min )

(Bloomberg) -- A gauge of bank funding costs in Hong Kong jumped to the highest in 16 years, as year-end demand for cash exacerbates an already-tight liquidity environment.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMalaysia to Allow Visa-Free Entry to Chinese, Indian  ( 34 min )

(Bloomberg) -- Oil steadied after a three-day drop on signs OPEC+ may deepen production cuts when it holds its postponed meeting on Thursday.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassIsrael, Hamas Look to Extend Truce After More Hostages Are FreedGlobal benchmark Brent tra  ( 33 min )

(Bloomberg) -- Sumitomo Mitsui Financial Group Inc.’s Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his four years at the helm of Japan’s second-largest bank, has died. He was 65. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassIsrael, Hamas  ( 34 min )

(Bloomberg) -- Asian stocks are poised to start a fresh week higher after US shares held last week’s gain in a holiday-shortened session on Wall Street. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakFutures cont  ( 36 min )

Federal employees and military personnel can choose to save for retirement through a Roth TSP or a Roth IRA. Here's how they differ.  ( 33 min )

U.S. employees are more dissatisfied than they were in the thick of the pandemic  ( 23 min )

(Bloomberg) -- The selloff that’s ripped through green stocks looks set to continue into 2024, bringing a fourth consecutive year of losses, according to Bloomberg’s latest Markets Live Pulse survey.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMarkets Cheer as Milei Dro  ( 36 min )

Asian shares got off to a hesitant start on Monday ahead of potentially market-moving inflation data from the United States and Europe later in the week, and a meeting of oil producers that could stop, or extend, the recent slide in prices. Japan's Nikkei added 0.3%, having surged 9% so far in November. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, but 6.7% firmer for the month.  ( 35 min )

Toyota's chairman, who's long resisted EV hype despite pressure, is feeling vindicated, with hybrid sales surging this year.  ( 35 min )

Drugmakers are seeking to limit their reliance on Chinese contractors who produce drugs used in clinical trials and early-stage manufacturing, a move that is benefiting rivals in India, according to interviews with 10 industry executives and experts. China has for nearly 20 years been the preferred location for a range of pharmaceutical research and manufacturing services due to the low cost and speed offered by contract drugmakers there. That is leading some biotech companies to consider using manufacturers in India to produce active pharmaceutical ingredient (API) for clinical trials or other outsourced work.  ( 35 min )

Foxconn announced it would invest more than $1.5 billion in India as the major supplier of iPhones moves to expand its production outside of China.  ( 1 min )

Amazon shares rose after announcing an expanded partnership with Salesforce and a report Amazon surpassed FedEx and UPS to become the biggest U.S. package delivery firm.  ( 1 min )

The maker of the Roomba vacuum cleaner saw its shares fall roughly 17% after EU regulators questioned an acquisition by Amazon.  ( 1 min )

U.S. automaker Tesla filed a lawsuit against the Swedish government after a postal workers strike in the country delayed delivery of license plates to the company.  ( 1 min )

Activist investor Elliott Investment Management called for a shake-up in the leadership of real estate investment trust and communications infrastructure provider Crown Castle.  ( 1 min )

Amazon is set to sell Salesforce products on AWS to allow customers to easily integrate the CRM's artificial intelligence (AI) tech.  ( 1 min )

Shopify reported its merchants set a record $4.1 billion in sales the day after the U.S. Thanksgiving holiday.  ( 1 min )

The S&P 500 fell 0.2% on Monday, Nov. 27, 2023, down for only the second time in nine sessions, ahead of key inflation data coming this week.  ( 1 min )

U.S. equities were mixed and little changed on Monday, Nov. 27, 2023 ahead of key data on inflation set to be released later in the week.  ( 1 min )

Stock futures fell in premarket trading Monday as bond yields slipped at the start of the last week of what is shaping up to be equities' best month of the year.  ( 1 min )

Amazon and Walmart prepare for Cyber Monday ahead of projections for record spending on the shopping holiday and Disney shares fell after its film “Wish” fared poorly during the Thanksgiving box office weekend. Here’s what investors need to know today.  ( 1 min )

Terwijl het klimaat geen thema leek te zijn bij de verkiezingen, maakt drie op de vier Nederlanders zich druk om klimaatverandering. Vrouwen maken zich de meeste zorgen over de gevolgen ervan. Mannen bekommeren zich juist meer om de kosten van het klimaatbeleid.  ( 9 min )

PME verhoogt begin volgend jaar de pensioenen van 170.000 ex-medewerkers van onder meer autobouwers en elektrotechnische bedrijven. De uitkeringen gaan met 3,26 procent omhoog, maakt het fonds dinsdag bekend.  ( 9 min )

Modehuis Gucci heeft voor het eerst in zijn 102-jarig bestaan te maken met een staking van modeontwerpers. Ongeveer vijftig medewerkers hebben maandag het werk neergelegd uit onvrede met plannen om een groot deel van de ontwerpafdeling van Rome naar Milaan te verplaatsen.  ( 8 min )

Modehuis Gucci heeft voor het eerst in zijn 102-jarig bestaan te maken met een staking van modeontwerpers. Ongeveer vijtig medewerkers hebben maandag het werk neergelegd uit onvrede met plannen om een groot deel van de ontwerpafdeling van Rome naar Milaan te verplaatsen.  ( 8 min )

Meer dan 2,9 miljoen mensen hebben zondag in de Verenigde Staten na Thanksgiving het vliegtuig gepakt. De dag na de nationale feestdag zorgde voor de drukste dag ooit op de Amerikaanse luchthavens.  ( 8 min )

Voor pakketbezorgers is dit de drukste week van het jaar. Sinterklaas, Kerst en ook het koopfestijn Black Friday zorgen voor een enorme piek in het aantal pakketjes dat wordt besteld in Nederland. Hoe zorg je ervoor dat je pakketjes tóch op tijd binnen zijn?  ( 10 min )

Ruimtevaartuig Psyche is er eerder deze maand in geslaagd om over een afstand van 16 miljoen kilometer een bericht via een laserstraal naar de aarde te sturen. De succesvolle test is een belangrijke stap naar snel internet in de ruimte.  ( 11 min )

Bijna alle Nederlandse gemeenten hebben subsidie aangevraagd om meer huizen te kunnen isoleren. De landelijke subsidie is bedoeld voor de verduurzaming van verenigingen van eigenaren (vve's) en woningen van kwetsbare woningeigenaren. Het ministerie verwacht zo'n 200.000 huizen te kunnen opknappen.  ( 9 min )

De Verenigde Naties hebben opheldering gevraagd aan de Nederlandse overheid in het pfas-schandaal rondom Chemours. Afvalwater wordt vanuit de fabriek in Dordrecht naar een Chemours-vestiging in de Amerikaanse staat North Carolina verscheept, waar het de gezondheid van de bevolking zou schaden.  ( 9 min )

De Amerikaanse president Joe Biden komt niet naar de klimaattop die donderdag begint in Dubai. Klimaatgezant John Kerry zal wel aanwezig zijn op de COP28. Waarom Biden niet gaat, is niet bekend.  ( 8 min )

BpfBOUW verhoogt komend jaar de pensioenen niet. Dit komt doordat uit cijfers van statistiekbureau CBS zou blijken dat afgelopen jaar de gemiddelde prijzen niet omhoog zijn gegaan.  ( 9 min )

Als je een zorgverzekering afsluit via de gemeente ben je in de ene plaats soms honderden euro's per jaar duurder uit dan in de andere. Dat blijkt uit een vergelijking van Geld.nl. Ruim 700.000 Nederlanders verzekeren zich voor zorgkosten via de gemeente.  ( 9 min )

Woordvoerder Andy Stone van Facebook-moederbedrijf Meta wordt gezocht door de Russische autoriteiten. Waar de in Washington woonachtige Stone van wordt verdacht, is niet duidelijk.  ( 8 min )

Tientallen Amerikaanse staten beschuldigen socialemediabedrijf Meta van het illegaal verzamelen van persoonlijke data van kinderen jonger dan 13 op Instagram.  ( 9 min )

ASR heeft van verschillende bedrijven een bod ontvangen op Knab. De online bank is op dit moment in handen van de verzekeraar.  ( 8 min )

Klanten zijn in de supermarkt duurder uit doordat fabrikanten van A-merken het voor winkeliers onmogelijk maken om over de grens in te kopen. Ook andere ketens, zoals drogisterijen, doe-het-zelfzaken en elektronicaverkopers lopen hier tegenaan.  ( 10 min )

Communism and socialism are political and economic systems that are historically related but often confused with each other. Here's how they compare.  ( 28 min )

Today's best CD rate of 6.00% is available two ways: as a Cyber Monday deal from Alabama Credit Union or an offer from Securityplus Federal Credit Union that expires Thursday.  ( 19 min )

Form 1099-SA is the IRS form that you receive if you must include a distribution from certain medical savings accounts on your federal taxes.  ( 28 min )

Foxconn announced it would invest more than $1.5 billion in India as the major supplier of iPhones moves to expand its production outside of China.  ( 19 min )

The S&P 500 fell 0.2% on Monday, Nov. 27, 2023, down for only the second time in nine sessions, ahead of key inflation data coming this week.  ( 18 min )

The maker of the Roomba vacuum cleaner saw its shares fall roughly 17% after EU regulators questioned an acquisition by Amazon.  ( 17 min )

Anne Ackerley, the Head of Retirement at Blackrock, joins The Express to talk about how we have been behaving inside the $8.5 Trillion Asset Managers retirement plans and ETFs, and how those in or nearing retirement need to consider additional asset classes to make their money last.  ( 16 min )

Doug Boneparth, Jamie Hopkins and Peter Lazaroff climb back aboard The Express to share their views about what the words "retirement" and "wealth" mean today, and how investors should approach their goals given higher interest rates and the end of easy money.  ( 20 min )

If your IRAs contain both pretax and after-tax contributions, check the amounts of each to avoid getting a large tax bill when you convert to a Roth.  ( 28 min )

Amazon shares rose after announcing an expanded partnership with Salesforce and a report Amazon surpassed FedEx and UPS to become the biggest U.S. package delivery firm.  ( 18 min )

Trading volatility is an interesting idea, but current ETFs and ETNs do a fairly poor job of it.  ( 26 min )

Cyber Monday is delivering a deal for CD shoppers, with a freshly unveiled 6% offer you can only snatch up today. It's available to anyone nationwide for a 12-month term.  ( 16 min )

Form 709 is used to report transfers subject to federal gift tax and/or generation-skipping tax to the IRS.  ( 26 min )

Form 8949: Sales and Other Dispositions of Capital Assets is an Internal Revenue Service tax form used to report capital gains and losses from investments.  ( 24 min )

A government broker or GEMM is a British securities broker authorized to buy and sell government gilt securities.  ( 22 min )

Here are key differences between Bitcoin and Ripple's XRP, two of the most widely used cryptocurrency systems.  ( 34 min )

Ripple (XRP) is the native cryptocurrency for the payment system created by Ripple Labs Inc. Find out how to buy and invest in XRP.  ( 28 min )

U.S. automaker Tesla filed a lawsuit against the Swedish government after a postal workers strike in the country delayed delivery of license plates to the company.  ( 17 min )

Holiday shoppers are stretching their budgets by bargain hunting, and by using buy-now-pay-later services, early data from Black Friday retailers shows.  ( 19 min )

Even professional tax preparers can make mistakes. Make sure to choose a qualified tax advisor, but here's what to do in case a mess-up happens.  ( 25 min )

Learn about the main benefits of cost accounting systems, how they differ from financial accounting, and why they are important to businesses.  ( 22 min )

Working on Wall Street could mean you’re an investment banker, fund manager, or media star. Read what it takes to land a high-paying Wall Street job.  ( 29 min )

Find out how and when withdrawals from your traditional or Roth IRAs and 401(k)s affect your tax bracket and how to keep your tax rate low.  ( 30 min )

Here is how you can open a Roth IRA for a child or someone else—a gift that keeps on giving.  ( 26 min )

A payroll tax is a percentage withheld from an employee's salary and paid to a government to fund public programs. Learn more about payroll taxes here.  ( 26 min )

Semiconductors are an important global industry, and supply chain issues have caused a great deal of recent volatility in chip stocks.  ( 26 min )

A Roth IRA is a special individual retirement account (IRA) in which you pay taxes on contributions, and then all future withdrawals are tax-free.  ( 39 min )

The Howey test establishes four criteria to determine if crypto should be regulated as a security.  ( 29 min )

This article navigates the ins and outs of crypto due diligence and financial responsibility for financial advisors in the crypto market. It sheds light on advisors' fiduciary responsibilities, key risk areas, and essential due diligence practices.  ( 33 min )

Giving money can be a way to provide your loved ones with the means to get what they'd like or need. Learn about other assets you can give and how to give them.  ( 29 min )

Technical indicators are used by traders to gain insight into the supply and demand of securities. Here we look at seven such technical trading tools.  ( 28 min )

'De Minimis' means an investment adviser is exempt from registration if they have five or fewer clients over a 12-month period with a physical address.  ( 18 min )

First impressions count, so prepare well for your first meeting with a client. Get to know as much as you can about the person and be ready to answer questions.  ( 22 min )

When there are major occurrences in your life, adjust the tax withholding information on your W-4 to ensure that the appropriate amount of income is withheld for taxes.  ( 26 min )

New home sales for October came in at an annual rate of 679,000, but analysts were expecting to see that category of sales hit 725,000.  ( 18 min )

Amazon is set to sell Salesforce products on AWS to allow customers to easily integrate the CRM's artificial intelligence (AI) tech.  ( 17 min )

Activist investor Elliott Investment Management called for a shake-up in the leadership of real estate investment trust and communications infrastructure provider Crown Castle.  ( 17 min )

Learn what present value (PV) and future value (FV) are and how to calculate present value in Excel given the future value, interest rate, and period.  ( 24 min )

U.S. equities were mixed and little changed on Monday, Nov. 27, 2023 ahead of key data on inflation set to be released later in the week.  ( 17 min )

A hedge against inflation includes assets that often outperform during inflationary times. Read how gold, real estate, and bonds are inflation hedges.  ( 31 min )

Shopify reported its merchants set a record $4.1 billion in sales the day after the U.S. Thanksgiving holiday.  ( 17 min )

Income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction.  ( 26 min )

Rates on 30-year mortgages fell another few points Wednesday, dropping the average to within a few points of its two-month low. Rates on most loan types dipped or were flat.  ( 19 min )

Loose credit is the lowering of interest rates and usually is accompanied by a relaxation of lending standards by banks and other lending institutions.  ( 24 min )

An Employer Identification Number (EIN) is a unique number assigned to a business for easy IRS identification for tax reporting purposes.  ( 26 min )

The golden visa is a type of residency-by-investment program offered by several countries, allowing foreign nationals to obtain residency rights by making a significant investment in the country’s economy.  ( 27 min )

Bitcoin Ordinals enable assets to be issued on top of Bitcoin more efficiently. Users are split on whether they should exist.  ( 24 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed CD rates from EverBank (formerly TIAA Bank) so you can see if it makes sense for your finances.  ( 21 min )

Find information on taxation of foreign investments. Learn how the foreign tax credit enables you to deduct most of the tax you've paid abroad.  ( 26 min )

Shoppers in the U.S. could spend upwards of $12 billion online over Cyber Monday after online sales hit a record on Black Friday, according to Adobe Analytics.  ( 17 min )

Labor unions have existed in the U.S. for quite some time, but not all have been as successful as these three.  ( 25 min )

If you are a U.S. citizen or resident alien, your income–unless exempt–is subject to U.S. income tax, including income that is earned outside the U.S.  ( 25 min )

There are several ways to realize a decent return on investment on your unwanted pelt. Here is some information to help you.  ( 25 min )

In 2019, France faced three significant economic challenges: unemployment, lagging competitiveness, and sluggish growth.  ( 24 min )

Investment analysis is researching and evaluating a stock or industry to determine how it is likely to perform and whether it suits a given investor.  ( 24 min )

If you own property overseas, your U.S. tax benefits depend on how you use the property. Find out which tax deductions you can claim on foreign property.  ( 30 min )

Amazon and Walmart prepare for Cyber Monday ahead of projections for record spending on the shopping holiday and Disney shares fell after its film “Wish” fared poorly during the Thanksgiving box office weekend. Here’s what investors need to know today.  ( 18 min )

Selecting a mutual fund may seem daunting, but identifying your objectives and risk tolerance and understanding how fees work is half of the battle.  ( 31 min )

Millennials can take advantage of decades of tax-free earnings, and then tax-free withdrawals during retirement, with a Roth IRA.  ( 28 min )

Owners of small businesses have several choices when it comes to saving for retirement. When does it make sense to choose a solo 401(k) versus a SEP plan?  ( 23 min )

A tax shelter is a vehicle used by taxpayers to minimize or decrease their taxable incomes and, therefore, tax liabilities.  ( 27 min )

The tax savings of non-qualified deferred compensation plans are not the only tax-related fact you need to know before signing up for one.  ( 26 min )

Find out which is more fair: flat tax or progressive tax. Learn about both sides of the debate and the challenges of defining "fair."  ( 25 min )

Deadweight loss of taxation is a measurement of the economic loss that can be caused by a tax due to its damaging effects on supply and demand.  ( 26 min )

Federal employees and military personnel can choose to save for retirement through a Roth TSP or a Roth IRA. Here's how they differ.  ( 33 min )

Opening a wealth management firm is a complex process. By keeping these rules in mind, financial advisors can increase the odds of success.  ( 22 min )

The 403(b) plan is less understood than the more popular 401(k) plan, but they share some similarities.  ( 23 min )

SIMPLE IRAs and SIMPLE 401(k)s can be good options for employers to offer, under some circumstances.  ( 23 min )

The Bureau of Labor Statistics’ core personal-consumption expenditures price index for October, the Federal Reserve’s preferred inflation measure, comes out Thursday.  ( 21 min )

EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China's market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5 million in total funding, with Singapore's Panthera Growth Partners leading the latest round, along with participation from Alteria Capital, xto10x Technologies, and Green Frontier Capital — the startup's existing investor. The demand for e-bikes is growing in markets beyond China and India as people seek to reduce their reliance on fossil fuels, ease traffic congestion on the roads and find alternative transportation options that do not require rigorous physical activity throughout their daily commute.  ( 35 min )

(Bloomberg) -- Cash-strapped Chinese borrowers are losing another funding avenue, as default jitters rock a market that relies on quasi guarantees from banks for repayment. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassIsrael, Hamas Look to Extend Truce After More Hostages Are  ( 35 min )

The $7.6 trillion that is coming due in the coming year represents 31% of the outstanding total, according to Apollo's chief economist.  ( 34 min )

Top strategists and money managers share investment ideas and themes to consider for 2024.  ( 38 min )

He sticks to these four indicators regardless of his strategy. His versatile approach has allowed him to remain profitable in different markets.  ( 37 min )

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See how much you should have saved by 30, plus expert advice about how to prioritize retirement savings, emergency funds, and paying off high-interest debt.  ( 36 min )

(Bloomberg) -- The world’s biggest bond market has clawed its way back after spending chunks of 2023 underwater. Now many US debt watchers see the pathway clearing for a real revival. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child  ( 36 min )

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EV leader Tesla hosts its highly anticipated Cybertruck launch event on Nov. 30.  ( 33 min )

Use this Roth IRA calculation method to determine your contribution limits for tax purposes.  ( 28 min )

Taxes are unavoidable but that doesn't mean you have to pay more than you owe. What happens to your tax liability with proper financial planning? The simple answer is that it can allow you to minimize what you owe while … Continue reading → The post What Happens To Your Tax Liability With Proper Financial Planning? appeared first on SmartAsset Blog.  ( 37 min )

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I'm afraid of the stock market. With my first investment, I lost 60% of my money. So I'm strictly into bonds. With interest rates low, what's your advice? Should I stay or try something else? -Jerold It's reasonable to be … Continue reading → The post Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With? appeared first on SmartAsset Blog.  ( 35 min )

I'm constantly losing money on stock and cryptocurrency investments. And I paid for the advice that has given me the information that I've used to do this. For example, I was told to buy SoFi and lost money the whole … Continue reading → The post Ask an Advisor: I'm Losing Money on Investments. How Can My Advisor Let This Happen? appeared first on SmartAsset Blog.  ( 37 min )

If you contribute to a tax-advantaged retirement account at work or a traditional IRA, Required Minimum Distributions (RMDs) are something you'll need to factor into your financial plan. These distributions are minimum amounts you're required to withdraw from your retirement … Continue reading → The post Is an RMD Needed If You're Still Working? appeared first on SmartAsset Blog.  ( 36 min )

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(Bloomberg) -- Signa is holding last-ditch talks with investors, hoping to secure a funding lifeline and avoid a wave of insolvencies in the €23 billion ($25 billion) property empire.Most Read from BloombergRussia Downs Ukrainian Drones Across Regions Including MoscowChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pn  ( 35 min )

The economic outlook and the national mood aren't matching up as we head toward year's end. Inflation, interest rates are easing. But we're grumpy.  ( 35 min )

Savings is as crucial as ever while we deal with life changes and our needs for the future. Here are some essential steps to get started now.  ( 23 min )

Coming up this week: the PCE inflation index, more tech and retail earnings, and consumer confidence  ( 22 min )

The latest reading of the Fed's preferred inflation measure will serve as the main highlight for investors in the week ahead.  ( 37 min )

The latest reading of the Fed's preferred inflation measure will serve as the main highlight for investors in the week ahead.  ( 37 min )

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(Bloomberg) -- HTX, the crypto exchange linked to digital-asset entrepreneur Justin Sun, has fully reinstated Bitcoin deposits and withdrawals after suffering a hacking attack, Sun said.Most Read from BloombergRussia Suffers Heavy Drone Attack Including Strikes on MoscowMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesHamas Releases Second Group of Hos  ( 33 min )

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From overseeing RTO plans to being put on the chopping block, middle managers are not okay.  ( 34 min )

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Citizens Financial is scooping up bankers from First Republic. Executives say they will copy only the good parts of the failed bank.  ( 28 min )

The litigation that could end up changing how millions of Americans buy and sell homes was hiding in plain sight for three decades.  ( 28 min )

Consumers are shifting away from store-branded credit cards, which have been lucrative for retailers.  ( 30 min )

Some analysts see the investor balances in money-market funds as a bullish sign for stocks and bonds.  ( 26 min )

An increasing pressure, from both social and political directions, has combined to boost clean and renewable energy providers, including residential scale solar installation providers. Residential solar offers several benefits to the customer, including grid-independent home power and an ability to sell electricity back to the utility provider. Yet, the residential solar business has faced strong headwinds in the last year or more, due to high interest rates increasing the cost of financing the  ( 37 min )

(Bloomberg) -- ESG fund managers who turned to big tech as a low-carbon, high-return bet are growing increasingly anxious over the sector’s experimentation with artificial intelligence.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Releases Second Group of Hostages Following DelaysHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Frees 24 Hostages From Gaza as Israel Tru  ( 37 min )

Huawei has joined with Chinese carmaker Chongqing Changan Automobile to set up a company engaged in the research and development, design, and sales of intelligent automotive systems and component solutions, according to a Sunday filing on the Shenzhen Stock Exchange. "The two parties will jointly support the target company to become an industry leader in automotive intelligent systems and component solutions based in China," the filing from Changan Auto said.  ( 33 min )

InvestingPro subscribers always get first dibs on market-moving AI analsyt comments.  ( 35 min )

The rise of generative artificial intelligence heralds a new stage of the Industrial Revolution. This phase will be just as disruptive---and transformative---as the previous ones.  ( 30 min )

Investing.com -- With investors on tenterhooks over when global interest rates might start to fall, upcoming inflation data this week will be in focus. OPEC+ meets to discuss oil output cuts and data from China will give fresh insights on the economic outlook for the world’s number-two economy. Here’s what you need to know to start your week.  ( 36 min )

The China megabank bought its U.S. broker-dealer 13 years ago for practically nothing. It got more than it bargained for.  ( 30 min )

Salzgitter CEO says steel and chemicals producers must commit to country, despite high energy costs  ( 4 min )

US exchange lists new options tracking gold, oil and Treasury ETFs  ( 6 min )

There is growing concern that remote workers are offering their services elsewhere  ( 4 min )

Industry experts weigh in on which designations offer the most opportunities for financial professionals.  ( 20 min )

(Bloomberg) -- Emerging-market stocks and currencies are heading for their best month since January, but there are major pitfalls ahead that could derail the rally. Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Releases Second Group of Hostages Following DelaysHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Frees 24 Hostages From Gaza as Israel Truce HoldsThe headwind  ( 36 min )

Withholding tax is income tax that is withheld from an employee's wages and paid directly to the government by the employer.  ( 30 min )

The key difference between deferred compensation plans and 401(k)s is the amount of money that can be saved for retirement.  ( 23 min )

A side-by-side comparison of the features of SEP IRAs and Roth IRAs.  ( 22 min )

A 403(b) plan and a Roth IRA are both vehicles used for retirement savings. Learn the definitions and differences between the two.  ( 27 min )

Use this Roth IRA calculation method to determine your contribution limits for tax purposes.  ( 28 min )

Inheritance tax is a tax imposed on those who inherit assets from an estate. Learn who must pay inheritance taxes and how they are calculated.  ( 28 min )

Savings is as crucial as ever while we deal with life changes and our needs for the future. Here are some essential steps to get started now.  ( 23 min )

Industry experts weigh in on which designations offer the most opportunities for financial professionals.  ( 20 min )

Schiphol heeft Pieter van Oord zondag benoemd tot topman. Hij is de opvolger van Ruud Sondag, die sinds november vorig jaar interim-CEO was.  ( 4 min )

Het is nauwelijks meer te doen om AI-foto's van echt te onderscheiden. Mensen bestempelen gegenereerde nepgezichten inmiddels vaker als echt dan daadwerkelijk menselijke foto's. Deze ontwikkeling levert problemen op: binnenkort kun je je ogen niet meer geloven.  ( 11 min )

Het is nauwelijks meer te doen om AI-foto's van echt te onderscheiden. Mensen bestempelen gegenereerde nepgezichten inmiddels vaker als echt dan daadwerkelijk menselijke foto's. Deze ontwikkeling levert problemen op: binnenkort kun je je ogen niet meer geloven.  ( 11 min )

Woordvoerder Andy Stone van Facebook-moederbedrijf Meta wordt gezocht door de Russische autoriteiten. Waar de in Washington woonachtige Stone van wordt verdacht, is niet duidelijk.  ( 8 min )

De politie in China doet onderzoek naar Zhongzhi, een grote vermogensbeheerder die afgelopen week al waarschuwde voor grote financiële problemen. Het bedrijf, dat opereert als een zogenoemde schaduwbank, zei toen dat ze zo'n 60 miljard euro aan betalingsachterstanden hebben.  ( 8 min )

Tientallen Amerikaanse staten beschuldigen socialemediabedrijf Meta van het illegaal verzamelen van persoonlijke data van kinderen jonger dan 13 op Instagram.  ( 9 min )

Scheepsbouwer Damen Shipyards heeft een opdracht gekregen van de Portugese marine voor het ontwerp, de bouw en uitrusting van een multifunctioneel schip. Het is het eerste schip ter wereld dat oceaanonderzoek combineert met de inzet van drones, maakte het in Gorinchem gevestigde concern bekend.  ( 8 min )

Door Europese renteverhogingen wordt geld lenen steeds duurder. Ook in 2024 gaan rentes weer omhoog. Daarom is het extra goed om op te letten als je even rood staat of een lening afsluit om een grote aankoop te betalen.  ( 11 min )

A large swath of China's US-bond holdings is not accounted for in official Treasury data, Brad Setser wrote for the Council on Foreign Relations.  ( 34 min )

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(Bloomberg) -- Inflation gauges in the US and euro zone are set to show the smallest annual increases since early or mid-2021, reinforcing sentiment that interest rates won’t be raised again.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Releases Second Group of Hostages Following DelaysHamas Frees 24 Hostages From Gaza as Isra  ( 37 min )

Employers must make contributions to a SEP IRA by the tax-filing deadline for the year in which they are made.  ( 23 min )

Retailers are hoping promotions lure in cautious customers this holiday season.  ( 36 min )

(Bloomberg) -- Chinese authorities said they recently opened criminal investigations into the money management business of Zhongzhi Enterprise Group Co., days after the embattled shadow banking giant revealed a shortfall of $36.4 billion in its balance sheet.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Frees 24 Hostages From  ( 35 min )

When I retired in September 2022, my 401(k) was invested aggressively (90/10 split between stocks to bonds) and lost approximately 30%. I left the 401(k) invested in mutual funds in hopes it would gain back some of the losses. A year later it has gained back approximately 20%. I'm not required to take RMDs for […] The post Ask an Advisor: I’m 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance? appeared first on SmartReads by Smart  ( 36 min )

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I’m 77 years old and I requested my 401(k) fund administrator to prepare my RMD. I was told I do not have to withdraw my money if I am still employed. Please confirm if this in fact an IRS rule or that of the fund management company? -Bea That is correct, Bea. If you are […] The post Ask an Advisor: I’m 77 and Still Working. Is it True That I Don’t Have to Take RMDs? appeared first on SmartReads by SmartAsset.  ( 34 min )

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People who are highly optimistic, forward-looking with high financial literacy, and focus more on rewards than risks tend to have higher retirement savings than those on the opposite end of the spectrum.  ( 37 min )

When it comes to saving for retirement, 401(k) plans are a popular choice for many American workplaces. Contributing to a 401(k) not only helps you save for retirement but offers the added bonus of reducing your adjusted gross income and lowering your tax liability for the year. A financial advisor can help you determine how […] The post Do 401(k) Contributions Reduce Your AGI? appeared first on SmartReads by SmartAsset.  ( 35 min )

A one-participant 401(k) or solo 401(k) is an attractive retirement savings option for self-employed workers or business owners. While they’re similar to the standard 401(k) plans often offered at larger workplaces, one-participant 401(k)s allow solo business owners to exceed the contribution limits that other plans are subject to. Consider speaking with a financial advisor if […] The post Contribution Limits for a One-Participant 401(k) appeared first on SmartReads by SmartAsset.  ( 35 min )

Roth IRAs offer a tax-advantaged way to save for retirement, and they’re a popular choice among investors. However, understanding how Roth IRA contributions are taxed is crucial for making informed financial decisions. Let’s break down the marginal tax rate, compare Roth IRAs to traditional IRAs, delve into the taxation of Roth IRA contributions and examine […] The post How Roth IRA Contributions Are Taxed appeared first on SmartReads by SmartAsset.  ( 36 min )

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When it comes to retirement, understanding the potential cost of living is important for effective financial planning. Without a clear idea of these costs, you can run the risk of outliving your savings or compromising your lifestyle. Here’s what you need to know to calculate your retirement cost of living. A financial advisor can help […] The post How to Calculate Your Retirement Cost of Living appeared first on SmartReads by SmartAsset.  ( 37 min )

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Some Democratic states and cities want to ban gas stoves and other appliances, but utilities say they need to invest in their aging gas infrastructure.  ( 29 min )

Homebuyers have been suffering the slings and arrows of outrageous fortune of late.  ( 35 min )

The classic 60-40 portfolio was never meant to be the end-all, be-all portfolio—it’s just “a good starting place," according to Vanguard's Todd Schlanger.  ( 37 min )

Credit-card utilization and delinquency rates are on the rise.  ( 28 min )

(Bloomberg) -- A recession in the euro area is looking increasingly likely as the economic downturn persists in the final quarter of the year, private-sector activity surveys showed.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Frees 24 Hostages From Gaza as Israel Truce HoldsModi’s Nation-Building Push Sparks $125 Billion Ral  ( 35 min )

On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. Since China reopened its border this spring after three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking to the Bay Area. USD-denominated funds in China have long been drawing inspiration from Silicon Valley startups, using them as benchmarks for investment targets back home.  ( 38 min )

Negative news and a share-price slump have reignited calls for the German crop-and-pharmaceutical group to spin off businesses.  ( 29 min )

More than 100 brands have pulled their ads from X, according to The New York Times.  ( 34 min )

Tesla and Bitcoin-related stocks are powering up a meme-themed ETF. Why AMC and Gamestop aren't helping.  ( 27 min )

DigitalOcean (NYSE:DOCN), a leading American cloud provider helping start-ups and small and medium-sized businesses (SMBs) scale cloud-stored data, is capitalizing on the AI revolution in cloud computing. DOCN is a growth-focused opportunity that is still trading below its Q2 peak while making waves in the increasingly demanding AI and machine learning (ML) arenas. Strategic initiatives, impressive earnings, and an imminent leadership change present a bullish growth opportunity I wouldn’t want t  ( 35 min )

The collapse of Southland Royalty, a private equity-backed oil-and-gas explorer that owned fields in Wyoming’s Green River basin and New Mexico’s San Juan Basin, in early 2020, was unremarkable in many ways.  ( 40 min )

Insiders and investors say the bank’s board, headed by Urs Rohner, was ultimately responsible for its fate.  ( 28 min )

The consensus forecast is a mild US recession with bonds becoming more attractive  ( 4 min )

If you’re married filing separately, living together or apart affects whether (or how much) you can put in an IRA and what the deductible is.  ( 28 min )

Semiconductor and infrastructure software company Broadcom’s (NASDAQ:AVGO) stock skyrocketed 79% YTD on the back of the AI wave. Investor sentiment remains buoyant, fueled by the long-term potential AI offers chip stocks. While chip demand for personal computing and smartphones has been lukewarm this year, most analysts believe Q4 will be favorable. Broadcom’s strategic investments and commitment to AI make me bullish on AVGO’s stock. Outstanding Growth Trajectory Broadcom has emerged as a key p  ( 36 min )

Trans Mountain said it booked a net loss in the third quarter because of a goodwill impairment charge.  ( 28 min )

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Brennan and Erin Schlagbaum, who paid off more than $300,000 of debt and hit a seven-figure net worth, share the three index funds they invest in.  ( 36 min )

The housing sales slowdown will last awhile, as no one is selling their home unless they absolutely have to, according to Redfin's CEO.  ( 34 min )